Comment

Trump Must Pay E. Jean Carroll $83.3 Million More in Damages, Jury Awards

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FormerDirtDart ๐Ÿ•๐Ÿ€ No Capt'n ๐Ÿ˜ท Trips1/26/2024 2:42:19 pm PST

A reply I left at the end of the dead thread downstairs

re: #117 jaunte

Trumpโ€™s super PAC raised $46 million in 6 months
politico.com

So in a year he should be ready to pay?

If Trump uses super PAC money to pay civil judgement someone will have to pay taxes on the money at the โ€œgift rateโ€, and given that $83 million vastly exceeds the annual ($17 K in 2023) AND lifetime $12.92 million in 2023) exclusion value the max 40% rate would likely apply to most of the funds