{
  "_notice": {
    "type": "free_key_offer",
    "message": "Free and anonymous access is staying. If this endpoint is in your pipeline, a free key adds advance notice before any schema change or deprecation. POST /v1/keys {\"email\": \"you@firm.com\"} — nothing else required. Something broken or missing? hello@clearmarket.fyi reaches a human.",
    "docs": "https://clearmarket.fyi/for-data/",
    "policy": "This field is additive and its shape will not change."
  },
  "event_id": "CM-EVT-NGG1B28FJ8",
  "slug": "billionaire-one-time-wealth-tax-passes-in-california-election-2026",
  "question": "Will a billionaire one-time wealth tax pass in the California election in 2026?",
  "category": "politics",
  "event_type": "BINARY",
  "ladder_distribution": null,
  "tags": [
    "politics",
    "elections",
    "california-2026",
    "wealth-tax",
    "ballot-measure",
    "economic-policy"
  ],
  "catalyst_types": [],
  "catalyst_dates": [],
  "editorial_notes": "This market tracks whether California voters approve a one-time billionaire wealth tax proposition in the November 2026 general election. Resolution follows California's official election results certified after the November 3, 2026 vote. Polymarket's UMA Optimistic Oracle determines settlement based on the certified proposition outcome.",
  "venues_covered": [
    "polymarket"
  ],
  "primary_market_id": "CM-MKT-DNHXSFMWR1",
  "current_primary_mark": {
    "last_price": 0.34,
    "implied_probability": 0.34
  },
  "created_at": "2026-07-06T00:30:45.836226+00:00",
  "updated_at": "2026-07-06T00:30:45.836226+00:00",
  "markets": [
    {
      "market_id": "CM-MKT-DNHXSFMWR1",
      "event_id": "CM-EVT-NGG1B28FJ8",
      "platform": "polymarket",
      "platform_market_id": "0x9345d5142a67f5541264c96515496affee02580f1c572680759eac9fd2a1588a",
      "question": "Billionaire one-time wealth tax passes in California election 2026?",
      "description": "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 bal",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "California's official election results for the November 3, 2026 general election, specifically whether any proposition imposing a one-time wealth tax on billionaires passes.",
      "close_at": "2026-11-03T00:00:00Z",
      "resolve_at": "2026-11-03T00:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "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.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "no_committed_source",
        "source_citation": "https://6abc.com/post/california-union-proposes-taxing-billionaires-offset-medicaid-cuts-low-income-people/18066430/",
        "sources": [
          {
            "name": "6abc.com",
            "url": "https://6abc.com/post/california-union-proposes-taxing-billionaires-offset-medicaid-cuts-low-income-people/18066430/",
            "provenance": "platform_api"
          },
          {
            "name": "Government of the State of California",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "source_of_record": null,
        "source_mechanism": null,
        "source_type": null,
        "source_quality": null,
        "source_commitment": "uncommitted",
        "source_commitment_subtype": "uncommitted_placeholder",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "C",
        "score": 59,
        "caps": [
          "commitment_uncommitted_placeholder"
        ],
        "applied_factors": 6
      },
      "last_price": 0.34,
      "implied_probability": 0.34,
      "volume_24h_usd": 2464.905677,
      "volume_total_usd": 3570652.641673956,
      "settlement_style": "occurrence",
      "direction": "occurrence",
      "threshold": null,
      "question_id": null,
      "also_on": null,
      "tags": [
        "2026",
        "ballot measure",
        "california",
        "california billionaire wealth",
        "tax",
        "wealth tax"
      ],
      "eligibility_screens": null
    }
  ],
  "resolution_log": [],
  "_provenance": {
    "source": "clearmarket.fyi",
    "ref": "CM-EVT-NGG1B28FJ8",
    "terms": "Attribution required. clearmarket.fyi"
  }
}