Will Trump end income tax for people earning under $150k?

As of Tue, 20 Oct 2026 11:12:00 UTC, Kalshi traders price Yes (4.0%). The market has $266K in volume and closes on Fri, 01 Jan 2027.

Updated:

Current odds

OutcomeChanceYes priceNo price
Yes4.0%4.0¢96.0¢

Market details

Resolution rules

If the President or Congress waives or ends income taxes for any year on persons earning less than $150,000 a year before Jan 1, 2027, then the market resolves to Yes. This includes an executive order or action directing income taxes for households earning less than $150,000 be waived (or equivalently, that the income tax is foregone, eliminated, or nullified) for any year, or a bill becoming law which reduces the federal income tax to 0% for those earning less than $150,000 for any year.

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