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Market
Effect of tax scandal on Trump's political support in 2024
4
Resolution / Starting Odds
Significant loss of support • 25%
Moderate loss of support • 25%
No impact on support • 25%
Increase in support • 25%
Poll results, party statements, major news analysis
Story
Trump Faces $100M Tax Bill for Improper Breaks, IRS Finds
May 11, 2024, 03:55 PM
An IRS inquiry has revealed that former President Donald Trump may face a tax bill exceeding $100 million due to improper tax breaks claimed on his Chicago tower. The investigation, jointly uncovered by The New York Times and ProPublica, found that Trump allegedly engaged in 'double-dipping' by claiming the same losses twice through accounting loopholes. This dubious maneuver involved massive write-offs on the failed Chicago skyscraper, potentially leading to significant financial repercussions for Trump.
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Similar markets
Increase in support • 33%
Decrease in support • 33%
No significant change • 34%
Negatively affected • 50%
No significant impact • 50%
Significantly damages campaign • 33%
Minor or no effect on campaign • 33%
Boosts campaign due to public sympathy • 34%
Significantly harmed • 33%
No significant impact • 33%
Boosted his public support • 33%
Significantly less favorable • 25%
Somewhat less favorable • 25%
No change • 25%
More favorable • 25%
Boosts Republican Candidate • 25%
Damages Republican Candidate • 25%
No Effect on Republican Candidate • 25%
Boosts Democratic Candidate • 25%
Significantly damaged • 25%
Moderately affected • 25%
Minor or no impact • 25%
Enhanced • 25%
Increase in support • 25%
Decrease in support • 25%
No change in support • 25%
Split within party • 25%
Significantly negative impact • 25%
Slightly negative impact • 25%
No significant impact • 25%
Boosts campaign • 25%
Increase in Support • 33%
Decrease in Support • 33%
No Change in Support • 34%
Significantly Positive Impact • 25%
No Significant Impact • 25%
Significantly Negative Impact • 25%
Neutral Impact • 25%