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Proposition 40: One-Time Tax on Certain Individuals and Trusts

November 3, 2026 · California · Statewide

Vote impact: Average
How do we calculate vote impact?

Vote impact = representation (how much weight one vote carries here, the smaller the district's population, the higher the representation) + decisiveness (how likely this race is to be close, based on past results and number of candidates).

Representation: Low · 0 out of 100

This district is large for its type, so each vote is a smaller slice of the outcome. About 39,287,377 people live here.

score = 100 × ln(largest population ÷ this district's) ÷ ln(largest ÷ smallest), rounded to 2 decimals = 100 × ln(39,287,377 ÷ 39,287,377) ÷ ln(39,287,377 ÷ 582,397) = 0, comparing all statewide districts nationwide (grades: 66+ high, 33+ average, otherwise low)

Ballot measure: +1 step

Your vote sets the policy directly, so the rating gets a one-step boost.

Low representation + a ballot-measure boost → Average vote impact.

Ballot Measure

Healthcare Affordability (for), Reduce Wealth Gap (for), Social Programs and Welfare (for)

Imposes a one-time tax of up to 5 percent on taxpayers and trusts with covered assets over $1 billion, allocating 90 percent of revenue to health care and 10 percent to food assistance or education-related programs.

A YES vote means

A yes vote enacts the one-time tax on covered billionaire wealth and dedicates the revenue to the specified health care, food assistance, and education purposes.

A NO vote means

A no vote rejects the one-time tax and its revenue allocations.

Read the official measure text (PDF)

Source: sos.ca.gov

Election sources

Source: sos.ca.gov