"The Department of Justice announced plans to settle Donald Trump’s personal lawsuit against the IRS over allegations that it had mishandled his tax information. The president, two of his sons, and their family business had been seeking at least $10 billion from the American government, all of which would have come directly from taxpayers. Now Trump is withdrawing the suit—but taxpayers are still footing the bill."
"In exchange for Trump dropping this lawsuit and his two other pending claims against the government, the Justice Department will create a $1.776 billion Anti-Weaponization Fund to compensate people who say they’ve been wrongfully targeted by the federal government. According to an addendum published this morning, the IRS is also “forever barred” from pursuing “any and all claims” against Trump, his family, and his companies over previously filed taxes."
"The money for the new project will come from the Judgment Fund, an uncapped source of taxpayer dollars that’s used to pay out judgments against the government. As precedent, a department memo cites a Barack Obama-era settlement that tapped those same reserves to compensate Native American farmers and ranchers who’d been deprived of access to federal loans. Now that same fund might end up benefiting the people who stormed the Capitol on January 6."
"Testifying before a Senate subcommittee today, Acting Attorney General Todd Blanche confirmed that the Anti-Weaponization Fund could potentially funnel taxpayers’ money to people convicted of crimes connected to the Capitol riot—most of whom Trump pardoned early last year. Blanche also said that claimants could include GOP lawmakers wh"
The Department of Justice plans to settle Donald Trump’s personal lawsuit against the IRS over allegations of mishandling his tax information. Trump withdraws the suit and two other pending claims against the government. In return, the Justice Department will create a $1.776 billion Anti-Weaponization Fund to compensate people who say they were wrongfully targeted by the federal government. The IRS is also “forever barred” from pursuing “any and all claims” against Trump, his family, and their companies over previously filed taxes. The fund will be paid from the uncapped Judgment Fund, which is used to pay judgments against the government. A DOJ memo cites an Obama-era settlement that used the same reserves to compensate Native American farmers and ranchers. Testimony indicates the fund could potentially reach people convicted in connection with the January 6 Capitol riot, including individuals Trump pardoned, and could include GOP lawmakers as claimants.
Read at The Atlantic
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