Trump's IRS suit may end with a $1.7 billion compensation fund | Fortune
Briefly

Trump's IRS suit may end with a $1.7 billion compensation fund | Fortune
"Officials are considering the fund option as well as possibly dropping audits into the president, his family and his businesses. No decisions have been made about the fund's size. It would be open for claims regardless of a claimant's political party, but details of how disbursements would be approved are still being negotiated."
"Even if Trump doesn't get a payout, any funding arrangement is likely to raise questions about whether the president and other US officials are improperly using taxpayer dollars to settle personal and political scores. Trump and his allies have often claimed the federal government under former President Joe Biden "weaponized" enforcement of the law, targeting conservatives for their political affiliation."
"Already, under Trump, the government has reversed its positions in court cases involving some of his allies and supporters. Two people who sued over the 2016 election-interference probe that Trump labeled a "witch hunt" received $1.25 million payments. Hundreds of supporters charged in connection with the Jan. 6, 2021, riot at the US Capitol - and later granted clemency by Trump - are seeking monetary damages."
Officials are considering creating a federal fund of about $1.7 billion to pay victims of alleged government weaponization as part of settlement talks tied to President Donald Trump’s lawsuit against the IRS. The talks are occurring ahead of a deadline in a $10 billion case seeking liability for the 2019 leak of his tax information. The fund option is being weighed alongside possible actions such as dropping audits involving Trump, his family, and his businesses. No decisions have been made on the fund’s size or on how claims would be approved. Any arrangement could raise concerns about using taxpayer money to settle personal and political disputes. Prior payments to Trump allies and supporters provide a potential roadmap for future disbursements.
Read at Fortune
Unable to calculate read time
[
|
]