Trump's $1.8B Anti-Weaponization Fund Could Trigger Big Tax Bills, Experts Warn
TL;DR
Tax experts say the $1.8 billion Anti-Weaponization Fund, run through the Treasury's Judgment Fund, could create new income-tax obligations for Trump even if the money ultimately goes to others. While Judgment Fund payments are generally taxable to litigants, the fund’s unusual structure risks treating Trump as the beneficiary and could mean taxes on disbursements or related gift taxes for recipients, with potential IRS scrutiny and little precedent to guide how these payments will be taxed.
- Trump's 'Anti-Weaponization Fund' could carry a big tax bill, some experts argue Politico
- Newsom to impose 100% tax on California payees of Trump’s $1.8bn fund The Guardian
- California to impose 100% tax on Trump's January 6 'slush fund,' governor says Reuters
- A 100% tax on the DOJ's "Anti-Weaponization Fund" payouts? NYS lawmakers push for it WRGB
- Proposed bill would tax New Yorkers who tap ‘anti-weaponization’ fund at 100% nbcnews.com
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