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What changes in tax policy for billionaires under a Trump administration by end of 2025?
2
Resolution / Starting Odds
Major tax cuts for billionaires • 25%
Minor tax cuts for billionaires • 25%
No changes • 25%
Tax increases • 25%
Official tax policy announcements and IRS filings
Story
Elon Musk Could Receive Multibillion Dollar Tax Break if Trump Wins 2024 Election
Oct 24, 2024, 12:23 PM
Elon Musk, the world's richest person with a net worth of $250 billion, could receive one of the largest personalized tax breaks in American history if Donald Trump wins the 2024 election and appoints Musk to a top government position. This potential special tax benefit, worth tens of billions of dollars, is due to a provision buried in the tax code that applies only to top officials. Trump has promised significant tax cuts for billionaires, which would further benefit Musk. This multibillion dollar tax break is exclusive to Musk.
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Similar markets
Tax cuts extended • 25%
New tax cuts introduced • 25%
Tax increases implemented • 25%
No significant changes • 25%
Implemented by Dec 2025 • 33%
Partially implemented by Dec 2025 • 34%
Not implemented by Dec 2025 • 33%
Both cuts implemented • 25%
Only capital gains cut implemented • 25%
Only dividend tax cut implemented • 25%
Neither cut implemented • 25%
Both cuts implemented • 25%
Only capital gains cut • 25%
Only dividend cut • 25%
Neither cut implemented • 25%
Support from major stakeholders • 25%
Opposition from major stakeholders • 25%
Mixed reactions • 25%
No significant statements • 25%
Republican support • 25%
Democratic opposition • 25%
Bipartisan support • 25%
Bipartisan opposition • 25%
Both proposals passed • 25%
Only car loan interest passed • 25%
Only corporate tax rate passed • 25%
Neither proposal passed • 25%