DemocratBill · S. 4125· Senate(119-S-4125)

Stop Presidential Embezzlement Act

Rep. Wyden
Age: 77 years
Oregon
Introduced
3/17/2026
Last activity
3/18/2026 — Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 360.
Sponsored by
Ron Wyden
Cosponsors
Democrat - 4Republican - 0
Taxation
  1. Introduced
  2. On Calendar

What this bill would do

The "Stop Presidential Embezzlement Act" amends the Internal Revenue Code of 1986 to tax damages received from civil actions filed against the United States. It imposes a tax equal to 100 percent of the qualified civil action amount received by a "covered person." Covered persons include the President, Vice President, certain high-level Executive Schedule positions, Members of Congress, and their related persons. This tax applies to damages received via settlement, verdict, or judgment during a specific applicable period. These amounts are excluded from gross income for other tax purposes.

Yes· 3 of 4

  • Does this make what the government does easier for the public to see?+3

    Improves government integrity by deterring officials from filing opportunistic civil suits against the U.S. for personal gain.

  • Does this raise taxes on the highest earners?+1

    Imposes a 100% tax on specific high-level officials and their related persons who may be wealthy.

  • Does this reduce what the federal government owes?+1

    Generates additional federal revenue through a new 100% tax on specific civil damages.

The opposite· 3 of 4

  • Would high-income households be better off under this?-2

    High-level officials and their related persons face a 100% tax on specific settlement funds.

  • Would people with substantial wealth be better off under this?-2

    High-level officials who are high-net-worth are targeted by this tax.

  • Would the very wealthiest people be better off under this?-2

    Ultra-high-net-worth individuals in covered positions face a total loss of civil damages received from the U.S.