New York City Mayor Zohran Mamdani's proposal for a 2-percentage-point income surtax on earnings above $1 million requires explicit authorization from the state legislature and governor, as the city lacks independent authority to enact such a tax. Governor Kathy Hochul and key legislative leaders have repeatedly opposed similar measures, and Mamdani's earlier Assembly record showed limited success advancing major revenue bills. State budget negotiations for fiscal year 2027 have instead advanced alternative approaches, including property tax adjustments and a pied-à-terre levy on luxury second homes. Trader consensus at 96.9% on "No" reflects these structural barriers and the absence of momentum through mid-2026. A shift could occur only if severe budget shortfalls force last-minute concessions before the December 31, 2026 resolution date.
Resumo experimental gerado por IA com dados do Polymarket. Isto não é aconselhamento de trading e não tem qualquer papel na resolução deste mercado. · AtualizadoSim
3% chance
$65,183 Vol.
$65,183 Vol.
31 dez 2026
Sim
3% chance
$65,183 Vol.
$65,183 Vol.
31 dez 2026
Zohran Mamdani has proposed adding a flat 2% tax on New York City residents earning above $1,000,000 annually. You can read more about that here: https://drive.google.com/file/d/14-aM9DKG337SDMilmfQtLRR-pDwyWSTc/view
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.New York City Mayor Zohran Mamdani's proposal for a 2-percentage-point income surtax on earnings above $1 million requires explicit authorization from the state legislature and governor, as the city lacks independent authority to enact such a tax. Governor Kathy Hochul and key legislative leaders have repeatedly opposed similar measures, and Mamdani's earlier Assembly record showed limited success advancing major revenue bills. State budget negotiations for fiscal year 2027 have instead advanced alternative approaches, including property tax adjustments and a pied-à-terre levy on luxury second homes. Trader consensus at 96.9% on "No" reflects these structural barriers and the absence of momentum through mid-2026. A shift could occur only if severe budget shortfalls force last-minute concessions before the December 31, 2026 resolution date.
Zohran Mamdani has proposed adding a flat 2% tax on New York City residents earning above $1,000,000 annually. You can read more about that here: https://drive.google.com/file/d/14-aM9DKG337SDMilmfQtLRR-pDwyWSTc/view
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.
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 Aberto: Nov 5, 2025, 6:39 PM ET
Volume
$65,183Data de Término
31 dez 2026Mercado Aberto
Nov 5, 2025, 6:39 PM ETResolver
0x65070BE91...Zohran Mamdani has proposed adding a flat 2% tax on New York City residents earning above $1,000,000 annually. You can read more about that here: https://drive.google.com/file/d/14-aM9DKG337SDMilmfQtLRR-pDwyWSTc/view
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.New York City Mayor Zohran Mamdani's proposal for a 2-percentage-point income surtax on earnings above $1 million requires explicit authorization from the state legislature and governor, as the city lacks independent authority to enact such a tax. Governor Kathy Hochul and key legislative leaders have repeatedly opposed similar measures, and Mamdani's earlier Assembly record showed limited success advancing major revenue bills. State budget negotiations for fiscal year 2027 have instead advanced alternative approaches, including property tax adjustments and a pied-à-terre levy on luxury second homes. Trader consensus at 96.9% on "No" reflects these structural barriers and the absence of momentum through mid-2026. A shift could occur only if severe budget shortfalls force last-minute concessions before the December 31, 2026 resolution date.
Zohran Mamdani has proposed adding a flat 2% tax on New York City residents earning above $1,000,000 annually. You can read more about that here: https://drive.google.com/file/d/14-aM9DKG337SDMilmfQtLRR-pDwyWSTc/view
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.
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.
Volume
$65,183Data de Término
31 dez 2026Mercado Aberto
Nov 5, 2025, 6:39 PM ETResolver
0x65070BE91...New York City Mayor Zohran Mamdani's proposal for a 2-percentage-point income surtax on earnings above $1 million requires explicit authorization from the state legislature and governor, as the city lacks independent authority to enact such a tax. Governor Kathy Hochul and key legislative leaders have repeatedly opposed similar measures, and Mamdani's earlier Assembly record showed limited success advancing major revenue bills. State budget negotiations for fiscal year 2027 have instead advanced alternative approaches, including property tax adjustments and a pied-à-terre levy on luxury second homes. Trader consensus at 96.9% on "No" reflects these structural barriers and the absence of momentum through mid-2026. A shift could occur only if severe budget shortfalls force last-minute concessions before the December 31, 2026 resolution date.
Resumo experimental gerado por IA com dados do Polymarket. Isto não é aconselhamento de trading e não tem qualquer papel na resolução deste mercado. · Atualizado
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