If the President or Congress waives or ends income taxes for any year on persons earning less than $150,000 a year before Jun 1, 2026, then the market resolves to Yes. This includes an executive order or action directing income taxes for households earning less than $150,000 be waived (or equivalently, that the income tax is foregone, eliminated, or nullified) for any year, or a bill becoming law which reduces the federal income tax to 0% for those earning less than $150,000 for any year. This market will close and expire early if the event occurs.