Billionaire one-time wealth tax passes in California election 2026?

Polling consistently has 50 to 60% support. Can anyone steelman the case for why they think it won't pass? I get the sense that, given ballot measures aren't compulsory to vote on, there's a much larger number of people who are passionately in favor of this vs the number that are against it. (From the Wikipedia page for Polling data)

If the rich all leave, will the poor still have job opportunities?

the fixed assets—factories and infrastructure—remain. As long as engineers and skilled labor stay, production can be restarted. While libertarian theory emphasizes non-aggression.

Yes but no but irrelevant

another pump ?

Whats up with these three new accounts hoarding all the yes?

Since poly is used as "polling" info in news media, trying to influence the polybet to influence the real world vote? Surprising its on the opposite side of the billionaires..

this will violate both the california state constitution and the united states constitution: 14th amendment due process, retroactivity, right to travel, armstrong vs US, then 5th amendment takings, forced liquidation. this is free money, no chance this can proceed from both state and federal levels

Why aren't any billionaires using this market to hedge?

Asking questions like this is why you are poor

2 million dollar volume is not gonna cover a billion dollars buddy

So, California is run by big tech billionaires, so who really is going to pay?

What caused the pump and what the dump?

"one-time" lmao

let me buy no at a reasonable price

what kind of communist bs is this

Just one time communism, I am sure...

Got to protect those billionaires