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Market
Trump pays $100M tax bill in 2024?
4
Resolution / Starting Odds
Yes • 50%
No • 50%
Public financial filings or official IRS statements
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
Over $100 million • 50%
Under $100 million • 50%
No additional taxes due • 33%
Tax payment under $50 million • 33%
Tax payment over $100 million • 34%
Settled out of court • 33%
Paid in full • 33%
Dismissed • 34%
