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Odds that a proposed billionaire tax appears on California ballots plunge on prediction markets

Odds that a proposed billionaire tax is on California's ballot dropped after reports noted that Gov. Gavin Newsom is pushing to stop the proposal.

1 report1 sourceJun 16, 2026, 7:19 PM
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CNBCJun 16, 2026, 7:19 PM

Odds that a proposed billionaire tax appears on California ballots plunge on prediction markets

Odds that a proposed billionaire tax is on California's ballot dropped after reports noted that Gov. Gavin Newsom is pushing to stop the proposal.

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