5 Tax Propositions Coming in 2026

Below are 5 props coming to the ballot in 2026. This information is taken from the Reformed California site. To read the complete article, click here.

YES on 41: Audit Special Taxes: Prop 41 would make it harder for state and local politicians to impose special taxes on you. Prop 41 requires that all special taxes include audits on all revenues raised and programs funded through the tax to prevent waste, fraud and abuse or diversion of the funds by politicians. Prop 41 also requires that these special taxes adhere to the state's constitutionally-mandated spending limit.

YES on 42: Stop the Savings Tax: Prop 42 would prohibit state and local politicians from imposing a Savings Tax on Californians. Prop 42 would prohibit politicians from taxing the value of your savings, checking account, 401k, stock portfolio, and current equity in your home. We already pay the highest taxes on income, sales, property, gas and our cars - we don't need a Savings Tax on top of all that!

YES on 43: Stop the Tax Hikes: Prop 43 is known as the Save Prop 13 - Local Taxpayer Protection Initiative. Prop 43 makes it harder for local politicians to raise your taxes by restoring the two-thirds vote requirement on any local tax measures. It also closes loopholes the politicians have created in Prop 13 to violate the property tax caps that voters originally imposed.

NO on 3: Raises Income Taxes: California already has the highest income tax rates in the nation - and Prop 3 would make those high rates PERMANENT and impose a multi-billion hit to struggling taxpayers! If Prop 3 passes, it will backfire by costing our state jobs reducing revenue to the state budget as more high-income residents flee the state.

NO on 40: Stop the Wealth Tax: Prop 40 is deceptively being sold as the "Billioniare's Tax" but it is really the "Everybody's Tax!" Worse, Prop 40 creates the first-in-the-nation Wealth Tax (or Savings Tax) on Californians.  Prop 40 allows government to tax the value of your savings, checking account, 401k, stock portfolio, and current equity in your home. If you don't have the cash to pay the Wealth Tax, then you'd be forced to sell some of what you own.  Prop 40 contains a provision allowing state politicians to expand the Wealth Tax to everyone without another vote of the public.

With Glendorans already facing some of the highest taxes in the nation, it's important you are an informed citizen so that you can vote accordingly. Keep an eye out for these propositions. For more information, visit the Remormed California website.