Will a law authorizing a new personal income tax bracket or surcharge on incomes over $1 million for New York City residents have become law in New York City before Jan 1, 2027?

📡 Kalshi: 12%
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Source

Kalshi ✓ Verified source

Event cutoff

Jan. 1, 2027, 4:59 a.m. UTC

Rules

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.