California Proposition 3 would amend the state constitution to make permanent the top marginal income tax rates on high earners, originally enacted via Proposition 30 in 2012 and extended through 2031 by Proposition 55. The measure, which qualified for the November 2026 ballot in June with support from the California Teachers Association and allied education unions, preserves annual revenue of $5–15 billion directed primarily to K–12 schools and community colleges. Trader consensus at 70.5% for approval reflects repeated past voter approval of similar extensions, the absence of new tax increases, and limited organized opposition amid competing ballot measures on wealth taxes. The November 3 election remains the key resolution trigger.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedCalifornia High-Earner Permanent Tax Proposition
California High-Earner Permanent Tax Proposition
66% chance
NEW
NEW
Nov 3, 2026
66% chance
NEW
NEW
Nov 3, 2026
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/).California Proposition 3 would amend the state constitution to make permanent the top marginal income tax rates on high earners, originally enacted via Proposition 30 in 2012 and extended through 2031 by Proposition 55. The measure, which qualified for the November 2026 ballot in June with support from the California Teachers Association and allied education unions, preserves annual revenue of $5–15 billion directed primarily to K–12 schools and community colleges. Trader consensus at 70.5% for approval reflects repeated past voter approval of similar extensions, the absence of new tax increases, and limited organized opposition amid competing ballot measures on wealth taxes. The November 3 election remains the key resolution trigger.
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/).
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/).
Market Opened: Jul 1, 2026, 6:27 PM ET
Volume
$2,224End Date
Nov 3, 2026Market Opened
Jul 1, 2026, 6:27 PM ETResolver
0x65070BE91...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/).California Proposition 3 would amend the state constitution to make permanent the top marginal income tax rates on high earners, originally enacted via Proposition 30 in 2012 and extended through 2031 by Proposition 55. The measure, which qualified for the November 2026 ballot in June with support from the California Teachers Association and allied education unions, preserves annual revenue of $5–15 billion directed primarily to K–12 schools and community colleges. Trader consensus at 70.5% for approval reflects repeated past voter approval of similar extensions, the absence of new tax increases, and limited organized opposition amid competing ballot measures on wealth taxes. The November 3 election remains the key resolution trigger.
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/).
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/).
Volume
$2,224End Date
Nov 3, 2026Market Opened
Jul 1, 2026, 6:27 PM ETResolver
0x65070BE91...California Proposition 3 would amend the state constitution to make permanent the top marginal income tax rates on high earners, originally enacted via Proposition 30 in 2012 and extended through 2031 by Proposition 55. The measure, which qualified for the November 2026 ballot in June with support from the California Teachers Association and allied education unions, preserves annual revenue of $5–15 billion directed primarily to K–12 schools and community colleges. Trader consensus at 70.5% for approval reflects repeated past voter approval of similar extensions, the absence of new tax increases, and limited organized opposition amid competing ballot measures on wealth taxes. The November 3 election remains the key resolution trigger.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
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