Mayor Zohran Mamdani’s proposed two-percentage-point surcharge on New York City incomes above $1 million requires explicit authorization from the state legislature and Governor Kathy Hochul for inclusion in the FY2027 budget. Hochul’s consistent opposition, combined with enactment of a narrower pied-à-terre tax on luxury second homes in May 2026, closed the primary legislative window. With the state budget process concluded and only months remaining before 2027, traders assign a 96.9 percent probability against passage. Limited realistic paths forward include an extraordinary session or sudden reversal by the governor, though both face entrenched procedural and political barriers.
Riepilogo sperimentale generato dall'AI con riferimento ai dati di Polymarket. Questo non è un consiglio di trading e non ha alcun ruolo nella risoluzione di questo mercato. · AggiornatoSì
$65,285 Vol.
$65,285 Vol.
Sì
$65,285 Vol.
$65,285 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.
Mercato aperto: 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...Mayor Zohran Mamdani’s proposed two-percentage-point surcharge on New York City incomes above $1 million requires explicit authorization from the state legislature and Governor Kathy Hochul for inclusion in the FY2027 budget. Hochul’s consistent opposition, combined with enactment of a narrower pied-à-terre tax on luxury second homes in May 2026, closed the primary legislative window. With the state budget process concluded and only months remaining before 2027, traders assign a 96.9 percent probability against passage. Limited realistic paths forward include an extraordinary session or sudden reversal by the governor, though both face entrenched procedural and political barriers.
Riepilogo sperimentale generato dall'AI con riferimento ai dati di Polymarket. Questo non è un consiglio di trading e non ha alcun ruolo nella risoluzione di questo mercato. · Aggiornato



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