{
 "market_id": "648383",
 "slug": "billionaire-one-time-wealth-tax-passes-in-california-election-2026",
 "question": "Billionaire one-time wealth tax passes in California election 2026?",
 "event_slug": "billionaire-one-time-wealth-tax-passes-in-california-election-2026",
 "event_title": "Billionaire one-time wealth tax passes in California election 2026?",
 "resolution_text": "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/\n\nThis 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\".\n\nIf 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\".\n\nThe 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.",
 "end_date": "2026-11-03T00:00:00.000Z",
 "liquidity": 91790.0372,
 "volume24h": 5267.170713,
 "yes_price": 0.31,
 "no_price": 0.69,
 "active": true,
 "closed": false,
 "crux_class": "wording_risk",
 "crux": "Turns on whether 'one-time' means a single-year-only levy or whether a multi-year temporary tax on wealth qualifies as 'one-time'.",
 "crux_note": "Tax terminology ambiguity: 'one-time tax' could mean permanent ad-hoc tax (happens once ever) or temporary annual tax (one-year duration). The rules don't clearly distinguish these, and California's proposal context suggests single-year, but the rule language is generic.",
 "classified_at": "2026-09-08T00:25:11.765Z",
 "our_read": null,
 "our_read_note": null,
 "read_price_at": null,
 "read_published_at": null,
 "resolved_outcome": null,
 "graded": null,
 "last_updated": "2026-09-08T02:23:08.202Z"
}