Deal on Compensation Fund Blocks I.R.S. Audits of Trump and His Family

xmontrealer

(he/him/it)
May 23, 2005
13,082
11,552
113
He's a wily old Trump-fish... 🤓

from The New York Times today...

Deal on Compensation Fund Blocks I.R.S. Audits of Trump and His Family
In a one-page document quietly posted on the Justice Department’s website, officials vowed not to pursue any matters, including those involving President Trump’s tax returns, that are pending.


The document was signed by acting Attorney General Todd Blanche.

By Alan Feuer and Andrew Duehren
May 19, 2026, 2:46 p.m. ET

The Justice Department on Tuesday expanded the agreement it reached this week with President Trump to resolve his extraordinary lawsuit against the Internal Revenue Service to include a provision that would bar the agency from pursuing tax claims against the president, his family or his businesses.

In a one-page document signed by acting Attorney General Todd Blanche and quietly posted on the department’s website, officials vowed not to pursue any matters, including those involving Mr. Trump’s tax returns, that are currently pending.

The new provision was released just one day after Mr. Trump agreed to drop his suit in exchange for the creation of a $1.8 billion compensation fund for people he believes were wronged by federal investigations or prosecutions. The fund drew repeated criticism from Democrats when Mr. Blanche appeared before a Senate Appropriations subcommittee for a hearing on Tuesday morning.

The New York Times reported last week that Mr. Trump’s talks with the Justice Department and the I.R.S. had included a measure calling on the I.R.S. to drop any audits of the president, his relatives or businesses. But that provision did not appear in the nine-page agreement laying out the terms to dismiss the lawsuit, which the department released Monday.

In January, Mr. Trump, along with two of his sons and the Trump family business, sued the Internal Revenue Service for at least $10 billion over the leak of their tax returns during the president’s first term. The Trumps argued that the I.R.S. should have done more to prevent a former contractor from disclosing tax information to The New York Times and ProPublica.

Neither the Justice Department nor the I.R.S. immediately responded to requests seeking comment. The top lawyer at the Treasury, Brian Morrissey, resigned on Monday after the Justice Department announced the settlement with Mr. Trump.

Justice Department officials have in part defended the creation of the “anti-weaponization” fund by pointing to the fact that Mr. Trump and his family members will not be paid by it.

But protection from audit could be quite remunerative for Mr. Trump. In 2024, The Times reported that a loss in an I.R.S. audit could cost Mr. Trump more than $100 million.
It is unclear if that examination has concluded or if Mr. Trump, his family members or affiliated entities are under other audits. I.R.S. procedures call for the mandatory audit of the president’s tax returns annually.

Federal law prohibits the president, vice president and other executive officers from instructing the I.R.S. to start or stop specific audits. But that broad prohibition does appear to include a carve out for the attorney general.

Alan Feuer covers extremism and political violence for The Times, focusing on the criminal cases involving the Jan. 6 attack on the Capitol and against former President Donald J. Trump.
Andrew Duehren covers tax policy for The Times from Washington.
 

xmontrealer

(he/him/it)
May 23, 2005
13,082
11,552
113
The Washington Post, which I don't subscribe to, editorialized that this "Trumps" any previous U.S. government grift and scandal...

See what I did there? 🤓
 
  • Haha
Reactions: tml

wigglee

Well-known member
Oct 13, 2010
11,406
3,769
113
Trump is blatantly scamming the US with this anti- weaponization fund, not to mention his crypto scam or the stocks he buys just before making decisions that will cause that stock to skyrocket. . How stupid is the American populace to tolerate this from an asshole who drives up inflation for them while filling his pockets and holding his get-out-of-jail-free card?
 

LickingG2

Well-known member
May 6, 2020
673
514
93
Trump is blatantly scamming the US with this anti- weaponization fund, not to mention his crypto scam or the stocks he buys just before making decisions that will cause that stock to skyrocket. . How stupid is the American populace to tolerate this from an asshole who drives up inflation for them while filling his pockets and holding his get-out-of-jail-free card?
I'm shocked he is trying get away with this. How this even legal? If one needed proof that he guilty as of many things he just handed it to you. The Republicans need grow a set or they will go the way of the Ontario Liberals(which they richly deserved). The smell is reaching epic levels in the US.
 

Frankfooter

dangling member
Apr 10, 2015
114,568
35,541
113
I'm shocked he is trying get away with this. How this even legal? If one needed proof that he guilty as of many things he just handed it to you. The Republicans need grow a set or they will go the way of the Ontario Liberals(which they richly deserved). The smell is reaching epic levels in the US.
HIs base has to be stupider than trump himself.
Electing a 34 count felon, a pedo, rapist and moron.

 
  • Like
Reactions: squeezer

mandrill

monkey
Aug 23, 2001
93,337
163,832
113
It can't possibly be legal. I figure a Federal judge is going to kill it pretty quickly.
 

mjg1

Well-known member
Feb 21, 2008
5,325
1,658
113
I'm shocked he is trying get away with this. How this even legal? If one needed proof that he guilty as of many things he just handed it to you. The Republicans need grow a set or they will go the way of the Ontario Liberals(which they richly deserved). The smell is reaching epic levels in the US.
I'm not surprised at all, the GOP has let that clown get away with everything! After they didn't remove him during his second impeachment, he learned he could do just about anything. If you allow a highly corrupt, malignant narracist to get away with his schemes, he won't stop!!
 

Frankfooter

dangling member
Apr 10, 2015
114,568
35,541
113
I'm not surprised at all, the GOP has let that clown get away with everything! After they didn't remove him during his second impeachment, he learned he could do just about anything. If you allow a highly corrupt, malignant narracist to get away with his schemes, he won't stop!!
But most of MAGA is like this and cheering it all on.

 
  • Like
Reactions: mjg1

Dawatch

New member
Feb 16, 2025
19
26
3
This can't be enforceable after his term ends surely, right? It can just easily get overturned surely
 

princekwekua

Well-known member
Oct 26, 2021
2,699
2,627
113
You have to give Trump credit. For it is rare to be able to deceive and scam so many for so long and get away with it

Mexico will pay for the wall. Did not happen. They still voted for him.
He called Mexicans rapists and yet Hispanics voted for him in larger numbers in 2024 than any Republican candidate
Despite his overt racism, black men voted for him in larger numbers in 2024 than any previous Republican candidate. And over a black candidate at that
His budgets during his first term were massive giveaways to the wealthy. Yet, poorer folks voted for him in large numbers in 2024 only for him to continue the giveaway
He said in the campaign he will impose tariffs. Poorer folks still voted for him despite clear explanation that it will hurt them disproportionately. Now they are bearing the blunt
All his repeated lies, confessed sexual harrasments, corruption and more depravities matter not a wit. They still returned him to office and millions continue to cheer him on
 
  • Like
Reactions: mjg1 and anon1

LickingG2

Well-known member
May 6, 2020
673
514
93
Well according to CCN (I take them and Fox news with a grain of salt) the Republican Senators won't pass the slush fund bill and revolting. If that is true good on them they are finally grow a set of balls.
 
  • Like
Reactions: xmontrealer

Frankfooter

dangling member
Apr 10, 2015
114,568
35,541
113
This can't be enforceable after his term ends surely, right? It can just easily get overturned surely
Its a letter from his personal lawyer, nobody is sure if it is worth anything yet.
But at best, it can be overturned by the next president, should there be another one.
 
Toronto Escorts