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5 tax measures are on the California ballot. Here’s how to make sense of them all
The measures could raise tens of billions of dollars and reshape school funding, health care spending and local tax rules, analysts said.
- California voters face three major tax questions on the 2026 ballot among 14 total measures, deciding on extending income taxes for high earners, introducing a wealth tax, and restricting future tax-raising mechanisms.
- The California Teachers Association placed Proposition 3 on the ballot to permanently extend high-earner income tax rates first proposed by former Gov. Jerry Brown, which have generated between $5 billion and $16 billion annually for schools.
- Proposition 40 would impose a 5% wealth tax on approximately 200 Californians with a net worth of at least $1 billion, with proceeds directed to public health programs bracing for federal budget cuts.
- Competing Propositions 41 and 42 seek to ban new taxes on financial assets or wealth, a debate Howard Jarvis Taxpayers Association president Jon Coupal calls "the black hole into which all political energy is going."
- If both the wealth tax and a countermeasure are approved, the one with the higher vote tally becomes law, potentially reshaping California's finances and public spending programs despite voter confusion.
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Detailed explanation of California Election Ballot Proposal 40, which includes advantages and disadvantages, back-ups, and key arguments to help voters make informed decisions.
·San Diego, United States
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2026 California Ballot: Proposition 3
Proposition 3: Allows the state of California to make already voter-approved high tax rates permanent for high-income earners (individuals earning over $371,000 annually). According to CalMatters: California voters approved the high tax increases for high-income earners in 2012. Unless Proposition 3 is passed, this tax increase will expire in 2031. Of the money collected from these
Cal Matters+8 Reposted by 8 other sources
5 tax measures are on the California ballot. Here’s how to make sense of them all
California voters haven’t had to make so many decisions about tax policy since 1994. It's far more than just the wealth tax on Prop. 40.
·Sacramento, United States
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Total News Sources12
Leaning Left5Leaning Right0Center5Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
Factuality
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