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VisitPublic opinion on Trump's tax practices post-audit by 2024
Majority views negatively • 50%
Majority views neutrally or positively • 50%
National polls or major survey results
IRS Audit May Cost Trump Over $100M for 'Double-Dipping' Tax Deductions
May 11, 2024, 03:55 PM
Former President Donald Trump could face a tax bill exceeding $100 million following an IRS audit that revealed he may have claimed the same tax losses twice for his Chicago skyscraper. The investigation, jointly conducted by The New York Times and ProPublica, uncovered that Trump employed questionable accounting tactics, potentially exploiting tax breaks improperly by 'double-dipping' deductions related to his Chicago tower. This financial maneuver involved claiming massive write-offs for the same losses in both 2008 and 2010.
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Significantly less favorable • 25%
Somewhat less favorable • 25%
No change • 25%
More favorable • 25%
Majority Support • 33%
Divided Opinion • 33%
Majority Opposition • 33%
Majority Support • 33%
Majority Oppose • 33%
Evenly Split/Undecided • 34%
Significantly improves • 33%
No significant change • 33%
Worsens • 34%
Majority support conviction • 33%
Majority oppose conviction • 33%
Majority unsure/neutral • 33%
Predominantly positive • 33%
Predominantly negative • 33%
Mixed/neutral • 33%
Negatively affected • 50%
No significant impact • 50%
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%
Favorable • 33%
Unfavorable • 33%
Neutral/No opinion • 34%
Restructuring of some business entities • 33%
Sale of major assets • 34%
No significant impact • 33%