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Market
Impact of tax scandal on Trump’s public engagements in 2024
5
Resolution / Starting Odds
Increase in public engagements • 33%
Decrease in public engagements • 33%
No significant change • 34%
Public appearance records, campaign statements, media coverage
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
Negatively affected • 50%
No significant impact • 50%
Significantly less favorable • 25%
Somewhat less favorable • 25%
No change • 25%
More favorable • 25%
Increase in support • 33%
Decrease in support • 33%
No significant change • 34%
Positive Impact • 33%
No Impact • 33%
Negative Impact • 34%
Significantly harms • 33%
No significant impact • 33%
Boosts his campaign • 34%
Significantly Positive Impact • 25%
No Significant Impact • 25%
Significantly Negative Impact • 25%
Neutral Impact • 25%
Significant drop in poll numbers • 25%
No significant change in poll numbers • 25%
Increase in campaign donations • 25%
Decrease in campaign donations • 25%
Significantly harmed • 33%
No significant impact • 33%
Boosted his public support • 33%
Increase in Support • 33%
Decrease in Support • 33%
No Change in Support • 34%
Increase • 33%
Decrease • 33%
No Change • 34%
Significantly Negative Impact • 25%
Some Negative Impact • 25%
No Impact • 25%
Positive Impact • 25%
Significant negative impact • 33%
Minor or no impact • 33%
Positive impact (e.g., through restructuring) • 34%