Analytics
Yes is at 3%, down 31 points from 34.5% when the market opened on 6 Nov 2025.
Across the 342 daily closes on record from 6 Nov 2025 to 28 Oct 2026 (16 days in that span have no close), the highest close was 69.5% on 7 Jan 2026 and the lowest 2.4% on 4 Oct 2026. A week before that last close Yes was at 2.6%; a month before, 2.7%. Its largest one-day move was 60 points up, to 69.5% on 7 Jan 2026.
$158.12 traded in the last 24 hours, out of $70.12K since listing. The order book holds $11.1K, with a 2.1% gap between the best bid and the best ask. Across the latest 500 trades, $245.56 bought Yes and $5.58K bought No; the largest was a $1.03K sell of No at 95.2¢.
The largest Yes position is eme10 with 739 shares; the largest No position is mocamoca with 842. Ten wallets hold 60.5% of the shares on Polymarket's public holder list.
Trading closes on 1 Jan 2027, 65 days from now.
Polymarket prices as of Oct 28, 5:46 PM UTC
Daily closes of the Yes price, Polymarket CLOB, 342 points, 6 Nov 2025 – 28 Oct 2026
| Observed | Yes price |
|---|---|
| 6 Nov 2025 | 34.5% |
| 28 Oct 2026 | 3.0% |
The ten largest positions on Polymarket's public holder list.
| Trader | Outcome | Shares |
|---|---|---|
| mocamoca | No | 842 |
| eme10 | Yes | 738.94 |
| Starry-Flanker | No | 690.09 |
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.
Official listing: polymarket.com/event/will-mamdani-pass-the-2-millionaire-tax-before-2027
| Perypery |
| Yes |
| 550.35 |
| NoPeeking | Yes | 500 |
| LornaPredicts | Yes | 463.23 |
| devin.lawson.77 | No | 419.99 |
| Krass | No | 299.99 |
| badkidsart | No | 217.39 |
| xtxpleasecallme | Yes | 216.3 |
Open a trader’s name to inspect the wallet’s available P&L, positions and recorded trades, with source dates and coverage. A large position alone does not establish a winning track record.
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