A new bill proposed in the New York State Assembly aims to hold former President Donald Trump accountable for his business dealings, targeting his settlement payouts with a 100% tax. The legislation, if passed, would require Trump to pay taxes on any settlements or judgments related to his business activities, a move that could potentially net the state millions of dollars in revenue. The bill's sponsor claims that Trump has used his wealth and influence to avoid paying taxes on these settlements, leaving New York taxpayers to foot the bill. The proposal is the latest development in a long-standing feud between Trump and New York's Democratic leadership.


New York bill targets Trump settlement payouts with 100% tax  NEWS10 ABC