Trump deal with IRS could see him given $14B in taxpayer money
4 hours ago
- #IRS Controversy
- #Donald Trump
- #Tax Lawsuit
- Donald Trump and his sons are suing the IRS for $10 billion over leaked tax information, and both parties are seeking a 90-day extension to potentially settle the lawsuit.
- Ethics watchdogs, including Democracy Forward, oppose the lawsuit, citing conflicts of interest and accusing Trump of trying to profit at public expense.
- The leak exposed discrepancies in Trump's tax payments, revealing years with minimal or no taxes paid, and a former IRS contractor was jailed for the leak.
- Trump has suggested donating a potential settlement to charity, but critics point to his history of unfulfilled charitable promises.
- Senator Elizabeth Warren introduced a bill to prevent Trump from profiting by suing his own agency, highlighting ongoing scrutiny over his tax returns and transparency.