US Justice Department 'forever' bars IRS from auditing Trump's past tax returns
20 hours ago
- #Justice Department Agreement
- #Trump Compensation Fund
- #IRS Audits
- Justice Department barred IRS from auditing Donald Trump's tax returns via a Tuesday amendment.
- $1.776bn secret compensation fund created for Trump allies, with five people managing it, all removable by the president.
- Fund's awards and reasons kept confidential, though quarterly reports to attorney general claimed to be public via FOIA.
- Agreement settled Trump's $10bn lawsuit against IRS, despite IRS officials recommending to fight it.
- Democrats criticized fund as 'outrageous slush fund'; no limits on who can claim, including January 6 convicts.
- Trump and sons won't receive compensation, but unclear if they can file claims.