Tag: proposition-40

Money

California Billionaire Tax Faces Uncertain 2026 Election Outlook

Prediction markets estimate a 32% chance for the passage of California's Proposition 40, a proposed 5% wealth tax on billionaires scheduled for the 2026 election.

October 7, 2026, 10:43 AM·Crypto Briefing

05:43 PM10/06

Money

California Billionaire Tax Proposal Faces November Vote

California voters will decide on a 5% wealth tax for billionaires on November 3, 2026, with market data currently pricing the likelihood of passage at 29.5%.

10/06, 05:43 PMCrypto Briefing

12:41 AM10/01

Money

California Billionaire Tax Vote Approaches Amid Market Shifts

California is set to vote on Proposition 40, a proposal for a 5% wealth tax on residents with a net worth over $1 billion, with market odds for passage currently at 31.5%.

10/01, 12:41 AMCrypto Briefing

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