California’s billionaire tax gets a brutal reality check ahead of Election Day – here’s what traders expect to pass

Source: New York Post

California’s billionaire tax is looking like a long shot, with prediction-market traders betting the controversial measure will go down in flames as voters prepare to decide 14 statewide propositions next week. Kalshi and Polymarket International’s displayed markets put several proposals in strong positions, while others, including a voter ID requirement and a mandate for community health clinics, are drawing much lower passage estimates. 5 Early voting begins in Los Angeles County ahead of the Nov.