US government agrees to drop tax claims against Trump in broadening of IRS lawsuit settlement
The revised deal bars the IRS from pursuing past tax claims against Trump and his companies while setting up a $1.776 billion compensation fund.
- The U.S. government agreed to permanently drop all tax claims related to President Donald Trump, his family, and affiliated entities before May 19, 2026, as part of a $10 billion settlement resolving a lawsuit against the IRS over leaked tax returns.
- The settlement included creating a $1.776 billion Anti-Weaponization Fund to compensate individuals alleging unfair targeting by federal investigations for political reasons.
- Michael Caputo became the first known applicant to file a claim with the Anti-Weaponization Fund.
- The deal sparked controversy, with critics questioning its fairness and potential misuse, while Donald Trump received a formal apology but no monetary damages.
405 Articles
405 Articles
Why Trump’s Slush Fund Is So Egregious
Donald Trump and Todd Blanche. (Photo by Justin Lane-Pool/Getty Images.)Donald Trump is attempting to engineer a $1.8 billion taxpayer-funded slush fund to be paid to persons and groups that got in legal trouble promoting his interests. It’s one of the most notable legal stories of this (or almost any) year.In January, Trump and two of his sons sued the federal government, claiming that his own Internal Revenue Service had failed to prevent a ro…
Did Trump Just Create a Political Slush Fund With Taxpayer Money?
ScheerPost Staff What began as a lawsuit over leaked tax returns is now morphing into something far bigger — and far more dangerous. In this chilling breakdown, the so-called $1.776 billion “1776 Fund” is exposed not as a normal legal settlement, but as a potentially unprecedented expansion of executive power dressed up in patriotic branding…
DOJ settlement bars IRS from auditing Trump family’s past tax returns
The Department of Justice released a settlement addendum on Tuesday that permanently blocks the IRS from auditing past tax returns filed by President Donald Trump, his adult sons, and the Trump Organization, the latest chapter in a years-long saga that began when a government contractor illegally leaked Trump’s confidential tax records. Acting Attorney General Todd...
Trump’s $1.776 billion slush fund includes side deal blocking tax probes into president and family
While Trump officials refuse to rule out payouts to violent January 6 fascists, the Justice Department addendum seeks to foreclose claims against Trump and his related entities.
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