1. Winning shares pay out $1.00 each upon market resolution; all others settle at $0.00.
2. Trades execute at the current market price unless a limit order is placed.
3. Limit orders remain active until filled, cancelled, or the market closes.
4. Shares can be sold any time before the market closes.
5. Markets may be suspended or cancelled for ambiguous outcomes.
6. All balances and positions are denominated in USD.
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. Resolved using ABC, Fox News and MSNBC.
