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Description
California High-Earner Permanent Tax Proposition concerns Proposition 3, a ballot measure on November 3, 2026 to make permanent a temporary 12% income tax on high earners approved in 2012. Yes resolves if the proposition is approved by a statewide majority at the November 3, 2026 election; No resolves otherwise. If the measure does not vote or results are not known by March 31, 2027, the market resolves to No, with settlement based on a consensus of credible reporting or official California state sources.
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Markets
Outcome | Odds | Spread | 24h Change | 24h Volume | Total Volume | Liquidity | |
|---|---|---|---|---|---|---|---|
| California High-Earner Permanent Tax Proposition | — | — | — | — | — | — |
Rules
Proposition 3 is a California ballot measure currently scheduled for voting on November 3, 2026. It would make permanent a temporary income tax (up to 12%) on high earners that voters approved in 2012, set to expire in 2031. This market will resolve to “Yes” if the specified ballot measure is approved by a majority of voters at the California statewide general election currently scheduled for November 3, 2026. Otherwise, this market will resolve to “No.” If voting on the specified ballot measure does not occur, or the results thereof are not known definitively, by March 31, 2027, this market will resolve to “No”. This market will resolve based on a consensus of credible reporting. If there is ambiguity, this market will resolve solely based on official information from the State of California, including the California Secretary of State (https://www.sos.ca.gov/).