Following up on my last post, the Trump Justice Department has suggested that it is dropping its bid for a so-called “anti-weaponization” fund. But it is retaining the part of the settlement agreement that purports to immunize Trump and his family from any audits regarding taxes that they have already filed.
That means that the settlement will still be reviewed in the courts on at least two grounds.
First, should the settlement be accepted by the court given that it isn’t a true adversarial settlement given that Trump is essentially on both sides of the transaction?
And second, under the Internal Revenue Code, can the IRS create this sort of personal immunity targeted to a specific family?
Stay tuned for more on this.
Jun 6
at
10:18 PM
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