My California Ballot, 2026

As of the 2026 California ballot, the state faces a series of propositions that have been met with mixed opinions. Proposition 1, which would allocate $11.25 billion in bonds for affordable housing, has faced criticism due to the projected cost per home and allocation of funds for specific groups. The AI superforecaster's prediction suggests that only around 22,000 homes would be built, resulting in an average cost of $500K per home, and thus, I voted NO.

Proposition 2 aims to increase the state's Rainy Day Fund. This has been praised as a positive step, as it allows for better fiscal prudence and preparedness for economic downturns, but opponents argue it may force taxpayers to return funds, which is seen as irresponsible. I voted YES.

Proposition 3 seeks to extend a tax on wealthy individuals to fund schools and healthcare. Critics claim that the tax is temporary and may become permanent, leading to detrimental effects on education and healthcare. I voted YES, as I believe it is better to have a clear tax provision in place, even if it means a temporary tax increase.

Proposition 4 proposes to repeal the prohibition on public funding of campaigns, which was established in 1988. While it aims to provide equal opportunities for ordinary people to compete against wealthy candidates, opponents argue that taxpayers should not be forced to subsidize candidates that they disagree with. I voted NO, favoring the state's right to experiment with such policies.