Analytics
Resolved No on 1 Jan 2026.
The last daily price before settlement had No at 99.9%. Yes opened at 13% on 21 Feb 2025. Before it settled, the high was 13% on 21 Feb 2025 and the low 0.1% on 25 Dec 2025. $131.8K traded over the market's life.
42 wallets still hold shares. Winners redeem theirs after settlement, so what is left is mostly the losing side.
Polymarket record as of Jan 2, 8:31 AM UTC
Daily closes of the Yes price, Polymarket CLOB, 316 points, 21 Feb 2025 – 1 Jan 2026, chart shows 0%–20%
| Observed | Yes price |
|---|---|
| 21 Feb 2025 | 13.0% |
| 1 Jan 2026 | 0.1% |
Winners have redeemed their shares, so most of what is left is the losing side.
| Trader | Outcome | Shares |
|---|---|---|
| yoyo22 | Yes | 12.62K |
| SolarFlar3 | Yes | 2K |
| jontra | Yes | 1.39K |
This market will resolve to "Yes" if the US Internal Revenue Department ceases operations entirely by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No". If the IRS is merged with another agency, resulting in a consolidated department with a shared administrative structure which is no longer titled the Internal Revenue Service it will count as a "Yes" resolution. If it becomes impossible for Trump to sign legislation/perform executive actions (e.g. he resigns), this market will resolve to "No". The primary resolution source for this market will be official information from the US government, however a consensus of credible reporting will also be used.
Official listing: polymarket.com/event/trump-abolishes-irs-in-2025
| Diamondmoon | Yes | 312.5 |
| Bright Horizon 81D6 | Yes | 301.38 |
| welfarebum | Yes | 250 |
| Bold Scout BD7E | Yes | 189.98 |
| Jade Harbor B075 | Yes | 165 |
| WALTUH.YTE | Yes | 150 |
| Emerald Pioneer D14A | Yes | 149.98 |
Every wallet's public record, and 80,000 ranked by lifetime P&L: Polymarket leaderboard
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