Prevent Presidential Profiteering Act

This bill would impose a 100% tax on civil damages received by a former President or their family members (spouse or relatives covered under tax code rules) from lawsuits filed against the U.S. government during their presidency. It applies to all settlement, verdict, or judgment amounts received while the individual served as President, covering damages from cases filed by them against the government. The tax treats these damages as taxable income, with no exclusion from gross income calculations. The bill amends the Internal Revenue Code to add this specific tax provision for such civil action awards.