PPOLYMARKET

Will Mamdani pass the 2% Millionaire Tax before 2027?

Yes5%+0.5%

Vol$65.98K

Outcomes2

5%

TradeTrade on Polymarket

MarketPOLYMARKETactive

Will Mamdani pass the 2% Millionaire Tax before 2027?

MarketPOLYMARKETactiveOther

Will Mamdani pass the 2% Millionaire Tax before 2027?

NoNo Price

95¢

|

VolTotal Volume

$65.98K

|

Outcomes

2

Ends

Jan 1, 2027

in 4 months

Trade on Polymarket

Will Mamdani pass the 2% Millionaire Tax before 2027?

Will Mamdani pass the 2% Millionaire Tax before 2027?

No

95¢

|

Vol

$65.98K

|

Outcomes

2

Yes4.6¢

No95.4¢

Price History

Will Mamdani pass the 2% Millionaire Tax before 2027?

No historical data available

Price history will appear here when available

Resolution Info

Market Stats

Resolution Countdown

125 Days Left

January 01, 2027 • 4:59 AM

Last Updated

less than a minute ago

Resolution Information

Status

Active

Expected Resolution

January 01, 2027

4:59 AM GMT+0

UMA Protocol

Markets are resolved using the UMA optimistic oracle system with community verification.

Accuracy

99.7%

Resolved

15,420

Avg Time

< 2 hours

Disputes

0.3%

Resolution Criteria

Zohran Mamdani has proposed adding a flat 2% tax on New York City residents earning above $1,000,000 annually. You can read more about that here: https://drive.google.com/file/d/14-aM9DKG337SDMilmfQtLRR-pDwyWSTc/view 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.

Market Still Active

This market has not yet resolved. Resolution will occur after the specified end date based on the criteria above.