Trump IRS Lawsuit May Result in $1.7 Billion Compensation Fund

Trump IRS Lawsuit May Result in $1.7 Billion Compensation Fund

Source: Fortune

Summary

The US government is considering a $1.7 billion fund to compensate victims of alleged “government weaponization,” including President Donald Trump, who is suing the Internal Revenue Service (IRS) for $10 billion over the 2019 leak of his tax information. The fund would be open to claims from individuals regardless of political party, but details on disbursement approval are still being negotiated. Trump’s lawsuit is set to reach a key deadline next week, and the federal judge is weighing whether she has jurisdiction given Trump’s control over the executive branch.


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The numbers tell one story.

The Trump administration is exploring a $1.7 billion fund to settle claims of “government weaponization.” The fund could cover Trump’s $10 billion lawsuit against the IRS, as well as claims from his supporters and allies. The administration has already reversed positions in court cases involving Trump allies and paid out $1.25 million settlements to some supporters. Trump’s lawsuit is set to reach a key deadline next week, and the federal judge is weighing whether she has jurisdiction given Trump’s control over the executive branch. The proposed fund raises questions about whether the president is using taxpayer dollars to settle personal and political scores.

It’s just another way for President Trump to treat the American taxpayers’ money as a cash machine to serve his own personal interests.


Author: Evan Null