This market resolves YES if, on January 1, 2031, either the U.S. federal government, any of the 50 U.S. states, or the District of Columbia enacts an annual tax on personal net worth into law.

The tax must be explicitly calculated by reference to an individual’s, married couple’s, household’s, or trust’s net worth/wealth above some threshold. It may apply only to very wealthy taxpayers and need not apply broadly.

This market resolves NO otherwise.

For this market, an annual personal net-worth tax includes:

• an annual tax of X% on net worth above $Y

• an annual billionaire tax explicitly based on net worth

• an annual tax on worldwide or apportioned personal net worth

This market does not include:

• property taxes

• estate or inheritance taxes

• gift taxes

• income taxes, even if highly progressive

• taxes on capital gains or unrealized gains

• mark-to-market income taxes, unless the law explicitly makes net worth itself the tax base

• one-time or temporary wealth levies that are not annual (such as the proposed California 2026 Billionaire Tax Act)

• taxes on specific asset classes only, unless clearly structured as a general annual tax on personal net worth

Covered jurisdictions: the U.S. federal government, the 50 states, and the District of Columbia.
Excluded jurisdictions: Puerto Rico, Guam, the U.S. Virgin Islands, the Northern Mariana Islands, American Samoa, and tribal governments. Puerto Rico and American Samoa are U.S. territories / insular areas rather than states, and federally recognized tribes are separate sovereign tribal entities in a government-to-government relationship with the United States.

A law counts as “enacted” once it has been validly adopted into law, including by federal legislation, state legislation plus signature, or ballot initiative / constitutional amendment where legally sufficient. It does not need to have taken effect yet. If enacted before the deadline, it still counts even if enforcement is delayed by litigation, unless the enactment itself is invalidated before the resolution date.

Resolution will be based primarily on the text of the enacted law, with support from official government sources and major reporting.