How covenient?
The President, who appointed and can fire the Attorney General?
Get’s him to work a deal with the IRS Boss, who Trump can fire….
To forget money he owns from a previous audit years ago and ANY Tax liability from and audit FOREVER…..
Oh?
This applies to his kids and family?
REALLY????
I’m NOT a lawyer…
But there should be NO WAY this ‘deal’ is LEGAL….
And the no audit part was a one page add on that IS REAL BALLSY…..
This from a guy convicted criminally of 34 fraud related felonies….
Who still owes New York State OVERT $100 Million for a civil fraudulent case judgement….
The man IS using the American Presidency to beat the tax payers out of money….
Again…and?….AGAIN…AND AGAIN.…
And some idiots STILL support the guy?
The Justice Department has granted President Trump, his family and businesses immunity from ongoing inquiries into their taxes, a potentially lucrative arrangement that could shield the president from significant financial liability.
The provision, quietly inserted on Tuesday as a supplement to a remarkable deal that also created a $1.8 billion compensation fund aimed at benefiting Mr. Trump’s allies, protects the president, his relatives and his businesses from pending audits and tax prosecutions.
The one-page document, signed by the acting attorney general, Todd Blanche, said that the government would be “FOREVER BARRED and PRECLUDED from prosecuting or pursuing” pending tax claims against Mr. Trump, his family members and businesses.
The provision invited immediate criticism as tax experts raised the possibility that it was illegal.
That the addendum to the deal was posted, without fanfare, on the department’s website belied its bare-knuckled audacity. It revealed the determination of Mr. Trump and his appointees to ram through maximalist measures with minimum outside scrutiny at a moment when they still have uncontested control of government.
The provision was the latest in a series of maneuvers this week that blurred the all-but-vanished boundary between official department business and the private interests of a president intent on using his power to extract financial gain from the federal government for himself and his allies.
A day earlier, Mr. Trump agreed to drop his $10 billion lawsuit against the I.R.S. in exchange for the establishment of a fund for people he believes were wronged by federal investigations or prosecutions.
Justice Department officials had in part defended the creation of the fund by pointing to the fact that Mr. Trump and his family members would not be paid by it
But protection from audit could be quite financially beneficial for Mr. Trump, who has always said that there was no wrongdoing in his tax filings. 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.
Neither the Justice Department nor the I.R.S. 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.
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 appears to include a carve out for the attorney general.
Brandon DeBot, a senior attorney adviser at New York University’s Tax Law Center, said in a statement that the audit protection may still be illegal….
Note….
Before the dusk settles?
Somebody HAS TO take this to court…..
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