New York City Mayor Zohran Mamdani’s proposed 2% income tax increase on residents earning above $1 million requires approval from the state Legislature and Governor Kathy Hochul, who has repeatedly opposed the measure. The 2026 state budget instead enacted a narrower pied-à-terre surcharge on high-value second homes projected to raise roughly $500 million annually, while excluding broader personal or corporate rate hikes. With the market resolution window closing December 31, 2026, and no scheduled session or viable path for major tax legislation in the remaining months, traders assign a 97.4% implied probability to “No.” Hochul’s reelection considerations and institutional resistance in Albany reinforce this positioning. A late special session or unexpected shift in gubernatorial support remain the primary, though low-probability, variables that could still alter the outcome.
Résumé expérimental généré par IA à partir des données Polymarket. Ceci n'est pas un conseil de trading et ne joue aucun rôle dans la résolution de ce marché. · Mis à jourOui
$69,467 Vol.
$69,467 Vol.
Oui
$69,467 Vol.
$69,467 Vol.
This market will resolve to “Yes” if both the following occur:
1. Zohran Mamdani wins the 2025 NYC Mayoral election.
2. A policy is enacted in New York City before December 31, 2026, 11:59 PM ET, which would establish a tax increase of 2% or more targeting individuals, households, or family units with an income of at least $1 million (USD or equivalent).
When the proposed tax goes into effect (e.g., if a qualifying tax is enacted for the 2028 fiscal year) will have no bearing on this market's resolution, so long as the policy has actually been enacted within this market's timeframe.
The policy will be considered to have been enacted if a local or state law is passed, or mayoral executive order is issued which will bring the stated tax into effect within the specified timeframe. The introduction, proposal, or announcement of such a policy without legal enactment will not qualify.
Policies which include limited exceptions—such as such as exceptions for specific families, asset classes, etc.—will still qualify as long as a general tax as described is enacted.
If Mamdani is confirmed to have lost the 2025 NYC Mayoral election by a consensus of credible reporting, or if the stated terms are not satisfied within this market's timeframe, this market will immediately resolve to “No”.
The resolution source for this market will be a consensus of credible reporting.
Marché ouvert : Nov 5, 2025, 6:39 PM ET
Résolveur
0x65070BE91...This market will resolve to “Yes” if both the following occur:
1. Zohran Mamdani wins the 2025 NYC Mayoral election.
2. A policy is enacted in New York City before December 31, 2026, 11:59 PM ET, which would establish a tax increase of 2% or more targeting individuals, households, or family units with an income of at least $1 million (USD or equivalent).
When the proposed tax goes into effect (e.g., if a qualifying tax is enacted for the 2028 fiscal year) will have no bearing on this market's resolution, so long as the policy has actually been enacted within this market's timeframe.
The policy will be considered to have been enacted if a local or state law is passed, or mayoral executive order is issued which will bring the stated tax into effect within the specified timeframe. The introduction, proposal, or announcement of such a policy without legal enactment will not qualify.
Policies which include limited exceptions—such as such as exceptions for specific families, asset classes, etc.—will still qualify as long as a general tax as described is enacted.
If Mamdani is confirmed to have lost the 2025 NYC Mayoral election by a consensus of credible reporting, or if the stated terms are not satisfied within this market's timeframe, this market will immediately resolve to “No”.
The resolution source for this market will be a consensus of credible reporting.
Résolveur
0x65070BE91...New York City Mayor Zohran Mamdani’s proposed 2% income tax increase on residents earning above $1 million requires approval from the state Legislature and Governor Kathy Hochul, who has repeatedly opposed the measure. The 2026 state budget instead enacted a narrower pied-à-terre surcharge on high-value second homes projected to raise roughly $500 million annually, while excluding broader personal or corporate rate hikes. With the market resolution window closing December 31, 2026, and no scheduled session or viable path for major tax legislation in the remaining months, traders assign a 97.4% implied probability to “No.” Hochul’s reelection considerations and institutional resistance in Albany reinforce this positioning. A late special session or unexpected shift in gubernatorial support remain the primary, though low-probability, variables that could still alter the outcome.
Résumé expérimental généré par IA à partir des données Polymarket. Ceci n'est pas un conseil de trading et ne joue aucun rôle dans la résolution de ce marché. · Mis à jour



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