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Market
Public opinion on Trump post-IRS tax issue by end of 2024
5
Resolution / Starting Odds
Significantly less favorable • 25%
Somewhat less favorable • 25%
No change • 25%
More favorable • 25%
Public opinion polls, major polling agencies
Story
Trump Faces $100M IRS Bill for Double-Dipping Tax Breaks on Chicago Tower
May 11, 2024, 02:37 PM
The IRS has concluded its investigation into Donald Trump's tax filings and found that the former president may owe over $100 million due to improper tax breaks claimed on his Chicago skyscraper. The issue centers around allegations that Trump claimed massive write-offs twice for the same losses, initially in 2008 with losses up to $651M and again in 2010 after transferring ownership to a controlled partnership, declaring an additional $168M in losses over the next decade. This double-dipping could lead to a significant tax bill as uncovered by joint investigations from ProPublica and The New York Times.
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Similar markets
Majority views negatively • 50%
Majority views neutrally or positively • 50%
Majority Support • 33%
Divided Opinion • 33%
Majority Opposition • 33%
Majority Support • 33%
Majority Oppose • 33%
Evenly Split/Undecided • 34%
Significantly more favorable • 25%
Somewhat more favorable • 25%
Somewhat less favorable • 25%
Significantly less favorable • 25%
Increase • 33%
Decrease • 33%
No Change • 34%
Significantly improves • 33%
No significant change • 33%
Worsens • 34%
Increase in public engagements • 33%
Decrease in public engagements • 33%
No significant change • 34%
Significantly more negative • 25%
Slightly more negative • 25%
No significant change • 25%
More positive • 25%
Significantly negative • 25%
Somewhat negative • 25%
Neutral or no change • 25%
Positive • 25%
Significant loss of support • 25%
Moderate loss of support • 25%
No impact on support • 25%
Increase in support • 25%
Predominantly positive • 33%
Predominantly negative • 33%
Mixed/neutral • 33%
Majority support conviction • 33%
Majority oppose conviction • 33%
Majority unsure/neutral • 33%