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Polymarket · on-demand contract read

Billionaire one-time wealth tax passes in California election 2026?

Venue metadata read Oct 16, 2026, 05:07 UTC

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This reads one exact contract on demand. It does not add it to continuous collection, start a price history or create an independently verified Check. Reads may be reused for up to 30 seconds; the recorded times stay unchanged.

YES order book

Observed midpoint

Book received 2026-10-16 05:07:22.932 UTC

24.5%YES midpoint · fixed at this read
Book identity & receipt
Best YES bid / ask
24% / 25%
Provider timestamp (raw)
1792127162177
YES token
38487155026041533062980821872238023790862908049855818921747904019478875496931
Book digest
ae3338a92c694a8af87c4fea5cccb83102e196d2841db7b0487494d07efd6289

Midpoint is calculated only from a valid two-sided YES book. It is not an executable quote, a forecast, or evidence of settlement.

No source review for this market

The captured venue conditions below define this read. Start with these checks before drawing your own conclusion.

  • Confirm the complete contract conditions on the venue; only its description is retained here.
  • Read a current timestamped observation before comparing your estimate with the market.
  • Add evidence for your own assessment. This venue context is not an independent source review.

One-time source collection

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Recognized complete terms receive a rule-based reading, including supported Fed, GDP, Core PCE/Core CPI monthly and Bitcoin threshold contracts. Election pair readings are available in Compare. Standard collection reads the named Federal Reserve calendar, BEA GDP overview or the fixed PCE overview for recognized Core PCE terms. The PCE overview is context; the exact monthly figure still needs its release. The optional scope adds the exact official Fed decision, GDP release or selected PCE/CPI monthly release when available. Core CPI collection retains terms only until you explicitly request BLS release evidence. A candle query plan does not fetch candles. Other contracts retain their venue text and explain what is missing.

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Venue-provided conditions

What defines this contract

Description & declared source

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.

Separate resolution rules
No usable separate rules supplied
Scheduled end
2026-11-04 04:59:00 UTC
Outcomes
Yes / No
Venue metadata updated
2026-10-16 05:03:06.680953 UTC

The text and source come from the venue. A separate reviewed Check applies only to its explicitly retained claims and context. Scheduled end, closed and inactive flags do not establish final settlement.

Retained conditions history, when available, comes from accepted HowSure catalog observations. This on-demand read is not added to that history.

Conditions history

Versions observed in accepted catalog snapshots. These times do not establish when the venue changed its rules. Earlier history and changes between observations are unknown.

    Exact contract & metadata receipt
    Canonical market ID
    polymarket:condition-sha256:648dbf285e0f11c8196dab4416497f2155d799e759559a333c67800aa51f243a
    Condition ID
    0x9345d5142a67f5541264c96515496affee02580f1c572680759eac9fd2a1588a
    Metadata read at
    2026-10-16 05:07:22.778 UTC
    Metadata digest
    45f2f1ce72142a42bcfee85cc2355620cf1f75c40afdadd51716c2860acc91c8

    The digest identifies returned content, not its accuracy. Export this read to retain it; opening this route later may return a newer observation.