Mayor Zohran Mamdani’s proposed two-percentage-point city income tax surcharge on New York residents earning over $1 million requires explicit authorization from the state legislature and Governor Kathy Hochul to take effect before the December 31, 2026 market deadline. Trader consensus at 96.9% for “No” reflects the absence of any enacted measure despite budget negotiations, the passage of an alternative pied-à-terre tax on high-value second homes, and consistent resistance from state leaders concerned about revenue impacts and taxpayer migration. With the legislative calendar and Albany dynamics unchanged through mid-2026, the window for the specific income tax has narrowed sharply. A late-session budget agreement granting the city authority or an unexpected shift in gubernatorial or legislative support remain the primary realistic paths that could still move the outcome before year-end.
Експериментальне резюме, згенероване ШІ з посиланням на дані Polymarket. Це не торгова порада і не впливає на вирішення цього ринку. · Оновлено$65,285 Обс.
$65,285 Обс.
$65,285 Обс.
$65,285 Обс.
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.
Ринок відкрито: 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 city income tax surcharge on New York residents earning over $1 million requires explicit authorization from the state legislature and Governor Kathy Hochul to take effect before the December 31, 2026 market deadline. Trader consensus at 96.9% for “No” reflects the absence of any enacted measure despite budget negotiations, the passage of an alternative pied-à-terre tax on high-value second homes, and consistent resistance from state leaders concerned about revenue impacts and taxpayer migration. With the legislative calendar and Albany dynamics unchanged through mid-2026, the window for the specific income tax has narrowed sharply. A late-session budget agreement granting the city authority or an unexpected shift in gubernatorial or legislative support remain the primary realistic paths that could still move the outcome before year-end.
Експериментальне резюме, згенероване ШІ з посиланням на дані Polymarket. Це не торгова порада і не впливає на вирішення цього ринку. · Оновлено



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