Trump’s brazen plan for a $1.7 billion slush fund
vox.com • • nation
Key Points:
- President Donald Trump and his family business sued the IRS for $10 billion over leaked tax returns but now reportedly plan to drop the case in exchange for a $1.7 billion fund under Trump's control.
- The fund, described as a "weaponization" fund, would be used to compensate Trump allies who believe they were unfairly targeted by the Biden administration, including those prosecuted related to the January 6 Capitol attack.
- Trump himself would not be eligible to claim from the fund, but entities associated with him may still file claims.
- The settlement could bypass judicial skepticism about the lawsuit's legitimacy, as the judge suggested the case might be moot given Trump’s role as head of the DOJ, the opposing party in the suit.
- This move aligns with Trump's broader goals of retaliating against perceived political enemies and financially benefiting himself and his allies.