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Showing posts from October, 2025

Mamdani election odds on Polymarket

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On the 25th of June 2025, Polymarket crowned Zohran Mamdani, the King of New York, with the odds now at 96%, for the New York Mayoral election, scheduled for the 4th of November. That's 4 months ago. The pollsters are in utter disbelief about the timing and accuracy of this prediction. But how did Mamdani do it? Lets start with what promises suddenly made him so princely, in the eyes, of the peoples of New York? Universal childcare for kids under 5, free city buses, rent freezes on stabilized units, city-run grocery pilots, and building 100K affordable homes. Plus, a Department of Community Safety boosting mental health and gun violence prevention. But how on Earth does he plan to fund all these ridiculous policies? Funding? Smart and bold: Hike state corporate tax from its current 7.25% to 11.5% for $5B yearly, slap a 2% income tax on millionaires earning over $1M for another $4B. Total war chest: $10B+ to Trump-proof NYC and lift working families. Now the question at the back of ...