Will Mamdani tax incomes over $1M before 2027?

Before Jan 1, 2027 If a law authorizing a new personal income tax bracket or surcharge on incomes over $1 million for New York City residents has become law in New York City before Jan 1, 2027, then the market resolves to Yes. Laws passed by New York State are encompassed within the Payout Criterion if they apply to or govern New York City. Enactment requires completion of all constitutional and legal requirements for the legislation to become binding law. For standard legislation requiring exe