Name: Will Trump remove municipal bond tax exemption in 2025?
Start: 2025-03-25T21:08:46.610175Z
End: 2025-12-31T12:00:00Z

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This market will resolve to "Yes" if Donald Trump signs a bill into law or performs any executive action changing US tax law to eliminate the federal tax exemption on interest from municipal bonds by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

If the exemption is eliminated only for specific types or classes of municipal bonds (e.g., only newly issued bonds, only bonds from certain states or localities, or only bonds purchased after a certain date), it will still count toward a "Yes" resolution for this market.

If the bill is signed into law, or executive action is instituted before the resolution date, it will suffice to resolve this market to "Yes" regardless of when it takes effect.

The primary resolution source for this market will be official information from the US federal government, however a consensus of credible reporting will also be used.

Will Trump remove municipal bond tax exemption in 2025?

This market will resolve to "Yes" if Donald Trump signs a bill into law or performs any executive action changing US tax law to establish a de minimis tax exemption on cryptocurrency transactions by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

Such a bill must apply to US taxpaying persons in general; if a law applies only to specific companies or institutions, it will not qualify toward a "Yes" resolution to this market.

If the tax exemption only applies for specific types or classes of crypto assets (e.g., only Bitcoin or Ethereum, only American issued cryptocurrencies, or only NFTs), it will still count toward a "Yes" resolution for this market.

If the bill is signed into law, or executive action is instituted before the resolution date, it will suffice to resolve this market to "Yes" regardless of when it takes effect.

The primary resolution source for this market will be official information from the US federal government, however a consensus of credible reporting will also be used.


Trump enacts a de minimis crypto tax exemption before 2026?

This market will resolve to "Yes" if the US federal income tax is eliminated between January 21 and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

For the purposes of this market, "abolishing the federal income tax" means the elimination of federal income tax obligations for individuals in the US, not merely reductions, suspensions, or alterations to tax rates, brackets, or enforcement policies. The market will not consider executive orders, temporary measures, or proposals that do not become law.

The primary resolution source for this market will be official information from the US federal government, including announcements from Donald Trump and the IRS, however a consensus of credible reporting will also be used.

Trump abolishes the Federal Income Tax in 2025?

This market will resolve to "Yes" if Donald Trump signs a bill into law or performs any executive action changing US tax law to eliminate capital gains tax on any cryptocurrency assets by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

Such a bill must apply to US taxpaying persons in general; if a law applies only to specific companies or institutions, it will not qualify toward a "Yes" resolution to this market.

If capital gains is eliminated only for specific types or classes of crypto assets (e.g., only Bitcoin or Ethereum, only American issued cryptocurrencies, or only NFTs), it will still count toward a "Yes" resolution for this market.

If the bill is signed into law, or executive action is instituted before the resolution date, it will suffice to resolve this market to "Yes" regardless of when it takes effect.

The primary resolution source for this market will be official information from the US federal government, however a consensus of credible reporting will also be used.

Trump eliminates capital gains tax on crypto in 2025?

This market will resolve to "Yes" if the US Internal Revenue Department ceases operations entirely by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

If the IRS is merged with another agency, resulting in a consolidated department with a shared administrative structure which is no longer titled the Internal Revenue Service it will count as a "Yes" resolution.

If it becomes impossible for Trump to sign legislation/perform executive actions (e.g. he resigns), this market will resolve to "No".

The primary resolution source for this market will be official information from the US government, however a consensus of credible reporting will also be used.

Trump abolishes IRS in 2025?

This market will resolve to "Yes" if Donald Trump signs any federal legislation or performs any executive action that explicitly eliminates federal income taxes for individuals earning less than $150,000 per year in the United States by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

Legislation which includes specific exceptions where federal income tax remains applicable for specified groups (whether by income, occupation, or other criteria) will still qualify, as long as the primary outcome of the law is the removal of federal income tax for individuals earning under $150,000. Any bill signed into law or executive action taken within this market's time frame will qualify, regardless of when the law or action goes into effect. If it becomes impossible for Trump to sign legislation/perform executive actions (e.g., he resigns), this market will resolve to "No".

This market's primary resolution source will be official information from the Trump administration, however a consensus of credible information will also be used.

Trump removes income tax on individuals making <$150k?

This market will resolve to "Yes" if legislation that reduces the federal long-term capital gains tax rate for the highest bracket is signed into law by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

A reduction to the top income bracket for long term capital gains tax (20%) within market timeframe will be sufficient to resolve this market to "Yes". The reduction must apply to the federal long-term capital gains tax rate for individuals and can take effect outside of this market's timeframe.

Temporary reductions or breaks, or changes that do not directly lower the tax rate, such as adjustments to brackets or deductions, will not count.

The primary resolution source for this market will be official information from the US government, however a consensus of credible reporting will also be used.

Will Trump cut long term capital gains tax in 2025?

On April 2, Donald Trump announced a 10% tariff on all imports set to take effect on April 5, 2025 at 12:01 a.m. EDT (see: https://www.whitehouse.gov/fact-sheets/2025/04/fact-sheet-president-donald-j-trump-declares-national-emergency-to-increase-our-competitive-edge-protect-our-sovereignty-and-strengthen-our-national-and-economic-security/)

This market will resolve to “Yes” if Donald Trump signs any federal legislation or performs any executive action which pauses, delays, or removes the 10% general tariff by December 31, 2025, 11:59 PM ET. Otherwise this market will resolve to “No”.

Actions which remove the general 10% tariff will qualify even if there are item specific exceptions for which the tariff still applies. However, lowering the general tariff below 10% without removing it will not qualify.

Any action which is officially enacted within the market's time frame will qualify, regardless of when the removal goes into effect.

This market's primary resolution source will be official information from the Trump administration, however a consensus of credible information will also be used.

Will Trump remove 10% blanket tariff in 2025?

This market will resolve to "Yes" if Donald J. Trump, as President of the United States, signs into law a bill that lowers the corporate tax rate in the United States below 21% at any point between January 19 and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No."

Note that the cut does not need to go into effect before the resolution date - it just needs to be signed into law by then.

This market's primary resolution source will be official information from the Trump administration, however a consensus of credible information will also be used.



Will Trump cut corporate taxes in 2025?

This market will resolve to "Yes" if Donald J. Trump, as President of the United States, signs into law a bill that lowers the maximum individual tax rate below 37% at any point between January 19 and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No."

Note that the cut does not need to go into effect before the resolution date - it just needs to be signed into law by then.

This market's primary resolution source will be official information from the Trump administration, however a consensus of credible information will also be used.



Will Trump cut taxes on high earners in 2025?

This market will resolve to "Yes" if President of the United States Donald Trump announces he has resigned or will resign the presidency by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No."

If it becomes impossible for Donald Trump to resign or to announce his resignation (e.g., due to his removal from office by other means, etc.), this market will immediately resolve to "No."

For this market to resolve to "Yes," it is only necessary that Trump announce that he has resigned or will resign. Whether he actually resigns will have no bearing on the resolution of this market.

The primary resolution source for this market will be official information from the US federal government; however, a consensus of credible reporting will also be used.

Will Trump resign by December 31, 2026?

This market will resolve to "Yes" if the US Department of Education ceases operations entirely, including the termination of all federal educational programs managed by the department, by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

If the US Department of Education is merged with another agency, resulting in a consolidated department with a shared administrative structure which is no longer titled the Department of Education it will count as a "Yes" resolution.

If it becomes impossible for Trump to sign legislation/perform executive actions (e.g. he resigns), this market will resolve to "No".

The primary resolution source for this market will be official information from the US government, however a consensus of credible reporting will also be used.

Will Trump end Department of Education in 2025?

This market will resolve to "Yes" if Donald Trump signs any bill into law that aims to repeal or alter presidential term limits as defined by the 22nd Amendment to the U.S. Constitution, or if the U.S. Supreme Court rules in a way that would permit a president to serve more than two terms by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No."

Any law signed meeting these criteria will count, even if its implementation is immediately halted or delayed by judicial or other actions.

This market's resolution source will be official information from the Trump administration and U.S. Supreme Court decisions.

Will Trump repeal Presidential term limits in 2025?

This market will resolve to "Yes" if Donald Trump is formally removed from the office of the President of the United States by means of the process outlined in Section 4 of the 25th Amendment to the US Constitution by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

If the Vice President becomes Acting President via the process outlined in Section 3 of the 25th Amendment, it will not effect the resolution of this market. Only Trump’s removal from office via the process outlined in Section 4 of the 25th Amendment will qualify for a "Yes" resolution.

If Trump ceases to be POTUS before this market's expiration date for any other reason, this market may immediately resolve to "No".

The resolution source for this market will be official information from the US government.

Trump removed via 25th Amendment in 2025?

This market will resolve to "Yes" if the United States Federal Reserve is formally abolished by December 31, 2025 ET. Otherwise, this market will resolve to "No".

The primary resolution source for this market will be information from the US federal government, however a consensus of credible reporting will also be used.

Fed abolished in 2025?

This market will resolve to "Yes" if the Trump Administration (including any federal court) publicly releases any files pertaining to the illegal activities of Jeffrey Epstein, which weren’t previously public between August 25 and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

Only files which were created prior to the start of the Trump Administration (January 20, 2025, 12:00 PM ET) will qualify. 

Announcements of declassifications or releases that are not implemented within this market's timeframe will not qualify.

The primary resolution source for this market will be official information from the government of the United States, however a consensus of credible reporting will also be used.


Will Trump release more Epstein files in 2025?

This market will resolve to “Yes” if it is announced that that the listed individual will leave the Trump Administration, or otherwise ceases to be a member of administration by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”.

An announcement of the listed individual's resignation/removal before this market's end date will immediately resolve this market to "Yes", regardless of when the announced resignation/removal goes into effect.

The Trump administration includes individuals formally appointed by Donald Trump to roles within the U.S. federal government, such as Cabinet members, Executive Office staff, senior policy advisors, ambassadors, or White House staff whose appointments are publicly announced by official government channels.

The primary resolution source will be official information from the Trump administration, however a consensus of credible reopening may also be used.

Will Dan Bongino leave the Trump administration in 2025?

This market will resolve to "Yes" if Donald Trump issues a presidential veto of any bill by December 31, 2025, at 11:59 PM ET. Otherwise, this market will resolve to "No".

The resolution source will be official congressional records and a consensus of credible reporting.

Will Trump veto a bill in 2025?

This market will resolve to "Yes" if the listed individual receives a presidential pardon, commutation, or reprieve from Donald Trump by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

The primary resolution source for whether the individual is pardoned or not will be official information from the US government, however a consensus of credible reporting will also be used.

Will Trump pardon Changpeng Zhao in 2025?

This market will resolve to "Yes" if an official agreement over tariffs, defined as a publicly announced mutual agreement, is reached between the United States and the listed country/entity between September 1, and September 30, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”.

If such an agreement is officially reached before the resolution date, this market will resolve to "Yes", regardless of if/when the agreement goes into effect.

Agreements to extend tariff exemptions will qualify if announced as an individualized extension. However, tariff exemptions which are announced as part of a class of exemptions and do not reflect individual deals - such as Trump’s April 9 pause on all reciprocal tariffs other than those on China - will not qualify (see: https://www.whitehouse.gov/presidential-actions/2025/04/modifying-reciprocal-tariff-rates-to-reflect-trading-partner-retaliation-and-alignment/).  

Informal and unilateral announcements which do not constitute a finalized agreement will not count.
 
Agreements that include the United States and the listed country/entity as parties, even if they also involve other countries, will qualify for resolution.

The primary resolution source for this market will be a consensus of credible reporting confirming an agreement has been reached.

Will Trump agree to a tariff agreement with Switzerland in September?

This market will resolve to “Yes“ if the US House of Representatives by simple majority vote to approve or pass one or more articles of impeachment of President Donald Trump, between January 20 and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

Neither trial nor conviction by the US Senate, nor removal from office, is necessary to resolve this market to “Yes“.

The primary resolution source for this market will be information from the federal government of the United States, however a consensus of credible reporting will be used.

Will Trump be impeached in 2025?

The U.S. federal budget deficit for December 2024 was $86,731,619,013.29 (see: https://fiscaldata.treasury.gov/datasets/monthly-treasury-statement/summary-of-receipts-outlays-and-the-deficit-surplus-of-the-u-s-government). 

This market will resolve to "Yes" if the Monthly Treasury Statement (MTS) reports a lower monthly deficit in December 2025 than in December 2024. Otherwise, this market will resolve to "No."

The resolution source will be the Monthly Treasury Statement (MTS) published by the U.S. Department of the Treasury (fiscaldata.treasury.gov). The month surplus can be found in the column labeled "Current Month Deficit Surplus Amount" in the the table "Summary of Receipts, Outlays, and Surplus or Deficit” in the MTS (see: https://fiscaldata.treasury.gov/datasets/monthly-treasury-statement/summary-of-receipts-outlays-and-the-deficit-surplus-of-the-u-s-government).  If no report is published by February 28, 2026, 11:59 PM ET another credible source will be used. 


Will Trump & Elon reduce the deficit in 2025? 

This market will resolve to "Yes" if Donald Trump signs any federal legislation or performs any executive action that creates a ‘DOGE dividend’ by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

Any cash transfer, tax credit, or other comparable financial transfer which is referred to as a DOGE dividend, or which is otherwise directly funded by savings created by the Department of Government Efficiency (DOGE) will qualify.  

Any bill signed into law or executive action taken within this market's time frame will qualify, regardless of when the law or action goes into effect.

This market's primary resolution source will be official information from the Trump administration, however a consensus of credible information will also be used.

Will Trump create a DOGE dividend in 2025? 

This market will resolve to "Yes" if the United States federal government fails to make a scheduled payment on any Treasury note, bond, or bill at any point between April 8 and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

If Standard & Poor’s, Moody’s, or Fitch publicly classify any U.S. sovereign debt as being in default during the qualifying period this will qualify for a “Yes” resolution. 

The resolution source will be official information from the U.S. Department of the Treasury, Standard & Poor’s, Moody’s, and Fitch.

US defaults on debt in 2025?

This market will resolve to "Yes" if a free trade agreement with the specified country or entity becomes law in the United States between July 25, and December 31, 2025, 11:59 PM ET. Th Otherwise, this market will resolve to "No".

This includes both agreements that become law through Senate ratification and Presidential approval, or through the enactment of a Congressional-Executive Agreement signed into law by the President.

The resolution source will be a consensus of credible reporting.

U.S. agrees to a new trade deal with "Canada"?

This market will resolve to “Yes“ if the US House of Representatives by simple majority vote to approve or pass one or more articles of impeachment of President Donald Trump, between July 24, 2025, and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

Neither trial nor conviction by the US Senate, nor removal from office, is necessary to resolve this market to “Yes“.

The primary resolution source for this market will be information from the federal government of the United States, however a consensus of credible reporting will be used.

Trump impeached by end of 2026?

This market will resolve to "Yes" if Donald Trump publicly and unequivocally announces that he is removing another Fed Governor before their term is up, or takes formal action toward doing so, such as issuing a directive or formal request between August 25 and October 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”.

Statements which are contingent (e.g. “Powell must step down or raise rates”), statements of intent (e.g.“I am planning to fire Powell”) or other informal statements which are not unequivocal will not qualify.

The resolution source will be official information from Donald Trump however a consensus of credible reporting may also be used.

Will Trump try to fire another Fed Governor by October 31?

This market will resolve to "Yes" if Donald Trump signs any federal legislation or performs any executive action enacting a tariff on imports of semiconductors into the United States by September 30, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

Only tariffs specifically targeting semiconductors will qualify. For example, a general tariff (tariffs on all imports into the U.S.) or country-specific tariff (tariffs on all imports from China) will not count toward this market's resolution.

Tariffs on semiconductors from a specific country will qualify.

Any tariff which is officially enacted within the market's time frame will qualify, regardless of when the tariff goes into effect.

This market's primary resolution source will be official information from the Trump administration; however, a consensus of credible information will also be used.

Trump imposes tariff on semiconductors by September 30?

This market will resolve to "Yes" if the US Department of the Treasury sends any funds or assets via a blockchain between February 4, and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

For this market to resolve to "Yes", the payment must be a publicly announced, official transaction involving the sending of assets or funds; exploratory or experimental transactions will not count toward the resolution of this market.

The primary resolution source for this market will be official information from the government of the United States, however a consensus of credible reporting will also be used.

US Treasury transactions on blockchain in 2025?

This market will resolve to "Yes" if at least one cabinet-level Donald Trump appointee from his second term leaves their position by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

Voluntary resignations, removals, retirements, or departures for any reason will count.

Announcements alone will not qualify toward this market's resolution. An individual must actually have left their cabinet-level position.

Temporary or acting officials will not count toward this market's resolution.

The primary resolution source for this market will be official information from the US government, however a consensus of credible reporting will also be used.

Trump cabinet member out in 2025?

On August 18, 2025, President Donald J. Trump announced his commitment to eliminate mail-in voting and voting machines in U.S. elections, ahead of the 2026 midterms.

This market will resolve to “Yes” if Donald Trump signs any federal legislation or performs any executive action that inhibits mail-in voting or voting machines from use for the 2026 midterm election by December 31, 2025, 11:59 PM ET ET. Otherwise, this market will resolve to “No”.

Any executive action or legislation that restricts, limits, or prohibits the use of mail-in voting or voting machines in any way will qualify, even if the action is delayed, suspended, or subsequently blocked by judicial or other actions.

This market’s primary resolution source will be official information from the Trump administration; however, a consensus of credible information from major news outlets or government statements will also be used.

Will Trump act to ban mail-in voting or voting machines in 2025?

This market will resolve to “Yes” if Donald Trump or his administration officially announces that the Department of Government Efficiency (DOGE) will be terminated before its currently scheduled end date of July 4, 2026, at any point on or before December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”.

Only official policy announcements will qualify.

Informal statements, plans contingent on future conditions, statements of intent without a formal policy directive, restructuring announcements that do not specify termination, or any other statements that do not constitute a formal announcement of early termination will not be considered.

The resolution source will be official announcements from the Trump administration, however a consensus of credible reporting may also be used.

Will Trump end DOGE in 2025?

This market will resolve to "Yes" if the Trump administration declassifies any previously classified files pertaining to extraterrestrial life and/or unexplained arial phenomena by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

Announcements of declassifications that are not implemented within this market's timeframe will not count.

The primary resolution source for declassification will be official information from the government of the United States, however a consensus of credible reporting will also be used.

Trump declassifies UFO files in 2025?

This market will resolve to "Yes" if the United States federal government formally charges or announces a criminal indictment of Jerome Powell by December 31, 2025 ET. Otherwise, this market will resolve to "No".

For the purposes of this market the District of Columbia and any county, municipality, or other subdivision of a State shall be included within the definition of a State.

The primary resolution source for this market will be official information from US governmental sources, however a wide consensus of credible reporting will also be used.

Jerome Powell federally charged in 2025?

This market will resolve to "Yes" if the United States' long-term sovereign credit letter rating is downgraded by any of the three major credit rating agencies (S&P, Moody's, Fitch) at any point between May 19 and December 31, 2025 ET. Otherwise, this market will resolve to "No".

The resolution source for this market will be official information from Standard & Poor's, Moody's, or Fitch, however a consensus of credible reporting will also be used.

Another US debt downgrade in 2025?

On September 1, 2025, Treasury Secretary Scott Bessent said the Trump administration may declare a national housing emergency this fall to address high housing costs.(see: https://www.reuters.com/world/us/bessent-says-trump-administration-will-tackle-high-housing-costs-with-new-2025-09-01/)

This market will resolve to "Yes" if Donald Trump formally declares a national emergency under the National Emergencies Act (NEA) primarily addressing housing by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

A national emergency must actually be declared for this market to resolve to "Yes" - it will not be enough for Trump to announce an intention to declare a national emergency.

This market's resolution source will be official information from the Trump administration.

Will Trump announce a national housing emergency in 2025?

This market will resolve to "Yes" if Donald Trump signs any federal legislation or performs any executive action enacting a tariff on imports of pharmaceuticals into the United States by September 30, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

Only tariffs specifically targeting pharmaceuticals will qualify. For example, a general tariff (tariffs on all imports into the U.S.) or country-specific tariff (tariffs on all imports from China) will not count toward this market's resolution.

Tariffs on pharmaceuticals from a specific country will qualify.

Any tariff which is officially enacted within the market's time frame will qualify, regardless of when the tariff goes into effect.

This market's primary resolution source will be official information from the Trump administration; however, a consensus of credible information will also be used.

Trump imposes tariff on pharmaceuticals by September 30?

This market will resolve to "Yes" if a U.S government funding lapse occurs on October 1, 2025, 12:00 AM ET. Otherwise, this market will resolve to "No".

A funding lapse is defined as the President failing to sign the relevant bill(s) extending government funding by September 30, 11:59 PM ET. If a bill extending the funding of the U.S. government is passed and signed by the acting President before October 1, 2025, 12:00 AM ET, this market will resolve to "No".

For this market to resolve to "Yes" any funding lapse will count. If only a portion of the US government is covered by any signed bill(s) extending funding of the US government, and a portion of the US government goes unfunded, this market will still resolve to "Yes".

The primary resolution for this source will be official information from the US government, however a consensus of credible reporting may also be used.

U.S. Government funding lapse on October 1?

This market will resolve to "Yes" if the United States formally initiates a withdrawal from NATO or provides an official notice of denunciation to NATO by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

A notice of denunciation refers to the submission of a notice of withdrawal as per Article 13 of the North Atlantic Treaty.

Any action meeting these criteria will qualify for a “Yes” resolution regardless of if its implementation is immediately halted or delayed by judicial or other actions.

The U.S.'s exit from NATO’s integrated military command structure will not be sufficient to resolve this market to "Yes". 

The resolution source will be official information from the US government and NATO, however a consensus of credible reporting may also be used.

Will Trump withdraw the U.S. from NATO in 2025?

This market will resolve to "Yes" if Donald Trump, his administration (including any executive branch department, agency, or office), or the United States federal government files a lawsuit against Jerome Powell, in his personal or official capacity, by September 30, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

The lawsuit must be filed in a U.S. federal or state court and must name Jerome Powell as a defendant.

An announcement of a lawsuit will NOT qualify for a “Yes” resolution; a lawsuit must actually be filed.

The primary resolution sources for this market will be official information from the relevant U.S. federal court. However, a consensus of credible reporting may also be used.

Will Trump sue Powell by September 30?

On May 28, 2025, the U.S. Court of International Trade ruled that Donald Trump exceeded his authority under the International Emergency Economic Powers Act (IEEPA) by imposing a series of broad tariffs. The ruling blocked several major measures, including the “Liberation Day” tariffs—a 10% tariff on all imports and country-specific rates of up to 50%—as well as additional tariffs targeting Canadian, Mexican, and Chinese goods. The Trump administration has filed a single consolidated appeal of this decision, titled V.O.S. Selections, Inc. v. United States, currently pending before the U.S. Court of Appeals for the Federal Circuit.

This market will resolve to “Yes” if, by December 31, 2025, 11:59 PM ET, both of the following occur:

1. The Trump administration’s appeal in V.O.S. Selections, Inc. v. United States is denied, in whole or in part

2. U.S. importers receive refunds for at least some of the tariffs invalidated by the May 28, 2025 ruling.

Otherwise, this market will resolve to "No".

Announcements, court orders, or plans to issue refunds will not be sufficient for resolution unless actual refunds are issued within the market timeframe.

If the appeal is fully upheld and no refunds are issued, this market will resolve to “No”.

The primary resolution source will be official government or court information, or a consensus of credible reporting.


Will the Court Force Trump to Refund Tariffs?

This market will resolve to “Yes” if Donald Trump mentions the listed term between September 1, 2025, 12:00 AM ET and September 30, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”.

Pluralization/possessive of the word will count toward the resolution of this market.

Instances where the term is used in a compound word will count regardless of context (e.g. joyful is not a compound word for "joy," however "killjoy" is a compounding of the words "kill" and "joy").

A ‘mention’ will include any verbal mention which is recorded (audio or video) and publicly accessible.

Written usages of terms (e.g. Truth Social posts, written statements, etc.) will not count toward this market's resolution.

Videos posted on his social media which were filmed outside this market's time frame will not qualify for a "Yes" resolution.

Will Trump say "Cuba" or "Portugal" or "Uganda" during September?

This market will resolve to “Yes” if Donald Trump mentions the listed term between September 15, 2025, 12:00 AM ET and September 21, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”.

Pluralization/possessive of the word will count toward the resolution of this market.

Instances where the term is used in a compound word will count regardless of context (e.g. joyful is not a compound word for "joy," however "killjoy" is a compounding of the words "kill" and "joy").

A ‘mention’ will include any verbal mention which is recorded (audio or video) and publicly accessible.

Written usages of terms (e.g. Truth Social posts, written statements, etc.) will not count toward this market's resolution.

Videos posted on his social media which were filmed outside this market's time frame will not qualify for a "Yes" resolution.

Will Trump say "Crypto" or "Bitcoin" this week? (September 15-21)

This market will resolve to "Yes" if any bill with the effect of banning sitting members of the US congress from trading stocks is signed into law by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

The primary resolution source for this market will be official information from the US federal government, however a consensus of credible reporting will also be used.


US congress stock trading ban in 2025?

This market will resolve to "Yes" if a constitutional amendment establishing term limits for members of the United States Congress is ratified by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No."

The resolution source will be a consensus of credible reporting. 

Will Trump remove municipal bond tax exemption in 2025?

Order Book

Market Context

Will Trump remove municipal bond tax exemption in 2025?

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Will Trump remove municipal bond tax exemption in 2025?

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Will Trump remove municipal bond tax exemption in 2025?

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