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Will California pass a wealth tax referendum in 2026?

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CA passes wealth tax referendum?

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Resolves per PredictIt rules for: "Will California pass a wealth tax referendum in 2026?"

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A proposed "billionaire tax" in California is currently sparking controversy and significant spending, as progressives push for the tax to be implemented, potentially through a 2026 referendum. The measure, which could increase taxes on the wealthy, is being debated amid concerns that it may ultimately worsen the state's budget problem.

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