Home / PoliticsPoliticsCNBCPoliticsCNBC·Jun 16, 2026·1 min readOdds that a proposed billionaire tax appears on California ballots plunge on prediction marketsOdds that a proposed billionaire tax is on California's ballot dropped after reports noted that Gov. Gavin Newsom is pushing to stop the proposal.View original source — CNBC ↗ShareCopy linkShare on XShare on FacebookRelated storiesPoliticsThe GuardianPoliticsJun 18, 2026 · 1 minCalifornia ‘billionaire tax’ makes ballot despite opposition from tech mogulsThe GuardianWorldBloombergWorldJun 18, 2026 · 1 minNewsom Rushes to Sink Billionaire Tax Before DeadlineBloombergScienceTimes of IndiaScienceJun 19, 2026 · 1 minMusk responds as user points at ‘biggest single-day wealth decline’ in net worth tied to SpaceXTimes of IndiaPoliticsThe HillPoliticsJun 18, 2026 · 1 minBillionaire tax measure qualifies for California ballotThe Hill
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