Governor Kathy Hochul’s firm opposition and the state’s recent budget negotiations have kept the proposed 2 percent personal income tax surcharge on New York City residents earning over $1 million off the table. Instead, Albany advanced a pied-à-terre tax on high-value second homes to close the city’s multi-billion-dollar gap, a compromise Mayor Mamdani accepted while continuing to press for the broader income-tax measure. With the fiscal-year 2027 budget process largely concluded and no scheduled legislative vehicle for the surcharge before year-end, traders assign just 7.5 percent probability that the tax will be enacted and effective by the 2027 deadline.
Resumen experimental generado por IA con datos de Polymarket. Esto no es asesoramiento de trading y no influye en cómo se resuelve este mercado. · ActualizadoSí
$58,477 Vol.
$58,477 Vol.
Sí
$58,477 Vol.
$58,477 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.
Mercado abierto: Nov 5, 2025, 6:39 PM ET
Resolver
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.
Resolver
0x65070BE91...Governor Kathy Hochul’s firm opposition and the state’s recent budget negotiations have kept the proposed 2 percent personal income tax surcharge on New York City residents earning over $1 million off the table. Instead, Albany advanced a pied-à-terre tax on high-value second homes to close the city’s multi-billion-dollar gap, a compromise Mayor Mamdani accepted while continuing to press for the broader income-tax measure. With the fiscal-year 2027 budget process largely concluded and no scheduled legislative vehicle for the surcharge before year-end, traders assign just 7.5 percent probability that the tax will be enacted and effective by the 2027 deadline.
Resumen experimental generado por IA con datos de Polymarket. Esto no es asesoramiento de trading y no influye en cómo se resuelve este mercado. · Actualizado
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Cuidado con los enlaces externos.
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