**Trader consensus prices "No" at 86.5% for New York State Assemblymember Zohran Mamdani's 2% tax on annual income over $1 million passing before 2027, reflecting the bill's repeated failure to advance despite Democratic supermajorities in the Assembly (102-48) and Senate (41-22).** The proposal (A.8805-A), sponsored by Mamdani, has stalled in committee since its latest introduction, excluded from the FY2025 state budget finalized in late May 2024 after negotiations prioritized property tax cap extensions over new income surcharges amid Governor Kathy Hochul's resistance to high-earner levies. No committee hearings or floor votes have occurred, underscoring leadership's fiscal caution. The next legislative session convenes January 8, 2025, but historical patterns of similar progressive tax bills dying without broader Democratic backing sustain the steep odds against passage.
Experimentelle KI-generierte Zusammenfassung mit Polymarket-Daten · AktualisiertJa
$53,973 Vol.
$53,973 Vol.
Ja
$53,973 Vol.
$53,973 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.
Markt eröffnet: 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...**Trader consensus prices "No" at 86.5% for New York State Assemblymember Zohran Mamdani's 2% tax on annual income over $1 million passing before 2027, reflecting the bill's repeated failure to advance despite Democratic supermajorities in the Assembly (102-48) and Senate (41-22).** The proposal (A.8805-A), sponsored by Mamdani, has stalled in committee since its latest introduction, excluded from the FY2025 state budget finalized in late May 2024 after negotiations prioritized property tax cap extensions over new income surcharges amid Governor Kathy Hochul's resistance to high-earner levies. No committee hearings or floor votes have occurred, underscoring leadership's fiscal caution. The next legislative session convenes January 8, 2025, but historical patterns of similar progressive tax bills dying without broader Democratic backing sustain the steep odds against passage.
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