Polymarket Billionaire one-time wealth tax passes in California election 2026 odds
On Polymarket, Yes trades at 25%. The market settles by Nov 3, 2026, and $249K traded in the last 24 hours. Each contract pays $1 if it is right, so 25¢ reads as a 25% chance. Kalshi lists it too, and we compare the two prices below.
Also on Kalshi: Kalshi's page
Polymarket odds on every outcome
Chance is each outcome's Yes price on Polymarket. A Yes contract at 25¢ pays $1 if that outcome wins.
Polymarket vs Kalshi on this question
The same question on both venues. When the prices differ, the cheaper side costs you less for the same payout.
| Venue | Yes | No | Fee | 24h volume | Liquidity | |
|---|---|---|---|---|---|---|
| PolymarketClose-only for US residents | 25¢ | 76¢ | free | $249K | $108K | Trade → |
| Kalshi$50 bonus | 24¢cheapest to buy | 77¢ | 1.3¢ | $44K | – | Trade → |
How the odds have moved
Polymarket's own series for the outcome the headline prices, from where its history starts; one venue, not a blend.
How this market resolves
Polymarket's own settlement wording, in full. This, not the headline, decides who gets paid.
Show the full rules
A one-time wealth tax on billionaires has been proposed to potentially appear on California's ballot for the November 3, 2026 general election. You can read more about that here: https://6abc.com/post/california-union-proposes-taxing-billionaires-offset-medicaid-cuts-low-income-people/18066430/
This market will resolve to "Yes" if any proposition containing a one-time tax targeting individuals, households, or family units with wealth, assets, or net worth of at least $1 billion (USD or equivalent) passes in the named election. Otherwise, this market will resolve to "No".
If no qualifying ballot initiative is certified to appear on the official statewide California ballot as a proposition to be voted on in the stated election by June 25, 2026, 11:59 PM ET (the official cutoff date for new initiatives to be approved), or if all qualifying propositions/initiatives are removed from the ballot or amended before the election such that the main threshold drops below $1 billion, this market will resolve "No".
The primary resolution source for this market will be official information from the Government of the State of California, however a consensus of credible reporting may also be used.
Scheduled resolution: Nov 3, 2026.
How to trade this market on Polymarket
- Check your state first. A few states restrict some contracts.
- Open a Polymarket account. Americans trade on Polymarket US. Our Polymarket review covers sign-up and payouts.
- Buy Yes or No at the price shown, 25¢ for Yes right now. Each contract pays $1 if you are right.
- Sell any time before it settles, or hold to the result. Polymarket's fees apply to each trade.
CoinStats may earn a commission on links to venues. Prices are indicative and may differ when you trade.
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Common questions
What are the Polymarket odds on Billionaire one-time wealth tax passes in California election 2026?
On Polymarket, Yes trades at 25%. That is a market-implied probability, not a forecast, and it moves as traders buy and sell.
How does this market resolve?
By Polymarket's own settlement rules for this market. Two venues can word the same question differently and settle differently, so read them before you trade.
Is this question on Kalshi too?
Yes. Kalshi's page has its prices and rules. Our side-by-side page shows both prices and both venues' rules.
Can I trade this market in my state?
In most states, yes, on Polymarket US. A few states have acted against some contracts. Check your state first.
How accurate are Polymarket odds?
Often more accurate than polls, though never certain. A price of 70% should lose three times in ten. How accurate prediction markets are has the research.
What does it cost to trade on Polymarket?
A taker fee on most markets, largest near 50¢, and some categories charge nothing. Polymarket's fees has the detail.