**Mayor Zohran Mamdani’s proposal for a 2% additional New York City personal income tax on earners above $1 million requires Albany legislation, including approval from Governor Kathy Hochul, who has consistently resisted broad income-tax increases.** The 2026-2027 state budget enacted in May instead authorized a pied-à-terre surcharge on high-value non-primary residences, projected to generate roughly $500 million annually, bypassing the income-tax surcharge. With the legislative calendar and budget process leaving limited windows before the December 31, 2026 resolution date, traders assign only about 3% implied probability to passage, reflecting entrenched institutional resistance and the absence of a viable path. Late-session negotiations or an unforeseen fiscal crisis could still reopen the issue, though current dynamics show no momentum toward the specific tax.
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
$69,016 Vol.
$69,016 Vol.
Sì
$69,016 Vol.
$69,016 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
Risolutore
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.
Risolutore
0x65070BE91...**Mayor Zohran Mamdani’s proposal for a 2% additional New York City personal income tax on earners above $1 million requires Albany legislation, including approval from Governor Kathy Hochul, who has consistently resisted broad income-tax increases.** The 2026-2027 state budget enacted in May instead authorized a pied-à-terre surcharge on high-value non-primary residences, projected to generate roughly $500 million annually, bypassing the income-tax surcharge. With the legislative calendar and budget process leaving limited windows before the December 31, 2026 resolution date, traders assign only about 3% implied probability to passage, reflecting entrenched institutional resistance and the absence of a viable path. Late-session negotiations or an unforeseen fiscal crisis could still reopen the issue, though current dynamics show no momentum toward the specific tax.
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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