Three states adopt new income tax surcharges on top earners by 2027
Resolves: At least one income tax surcharge on top earners is enacted in each of California, New York, and Massachusetts and takes effect by December 31, 2027.
user-generated· regulatory
Three states adopt new income tax surcharges on top earners by 2027
Market overview
Facing budget shortfalls, California, New York, and Massachusetts will each implement temporary or permanent income tax surcharges on households earning over $500,000 by the end of 2027. These states' heavy reliance on high-earner taxes makes such measures politically and fiscally necessary.
regulatory prediction market
- Implied probability (Yes)
- 68%
- Closes
- 2027-12-31
About this prediction
Resolution criteria
At least one income tax surcharge on top earners is enacted in each of California, New York, and Massachusetts and takes effect by December 31, 2027.
Source: user-generated
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