Prediction Markets Weigh Chances of California Billionaire Tax Passage

What prediction markets are saying about the chances of California passing a billionaire tax

Prediction markets are taking stock of news reports ahead of a key deadline for California's proposed billionaire tax. Caroline Brehman/Bloomberg via Getty Images Prediction markets are unsure whether California Gov. Gavin Newsom will successfully stop a proposed billionaire tax. There is a June 25th deadline to find out whether the tax will make the November ballot. Kalshi and Polymarket traders are skeptical that the tax will pass if it does go before voters. Prediction markets aren't sur...