{"id":734,"date":"2026-05-19T20:07:11","date_gmt":"2026-05-19T20:07:11","guid":{"rendered":"https:\/\/bostonrelocationinsider.com\/?p=734"},"modified":"2026-05-19T20:07:11","modified_gmt":"2026-05-19T20:07:11","slug":"us-government-agrees-to-drop-tax-claims-against-trump-in-broadening-of-irs-lawsuit-settlement","status":"publish","type":"post","link":"https:\/\/bostonrelocationinsider.com\/?p=734","title":{"rendered":"US government agrees to drop tax claims against Trump in broadening of IRS lawsuit settlement"},"content":{"rendered":"<article>\n<div>\n<p><span>WASHINGTON (AP) \u2014 The U.S. government will permanently drop tax claims against President Donald Trump, according to a settlement document that is part of a deal to resolve Trump\u2019s $10 billion lawsuit against the Internal Revenue Service over the leak of his tax returns.<\/span><\/p>\n<p>Read more <a href=\"https:\/\/bostonrelocationinsider.com\/?p=732\">LSU men\u2019s basketball tests college eligibility limits by reportedly signing two with Celtics ties<\/a><\/p>\n<p><span>As part of the settlement agreement, the U.S. is \u201cforever barred and precluded\u201d from examining or prosecuting Trump, his sons and the Trump organization\u2019s current tax issues, according to a one-page document posted to the Justice Department\u2019s website on Tuesday.<\/span><\/p>\n<p><span>The settlement, which marks an extraordinary use of executive power, goes beyond resolving litigation and effectively helps shield the president from further examination of his finances and legal conduct.<\/span><\/p>\n<\/div>\n<div>\n<p><span>The move comes after the Trump administration announced Monday the creation of a nearly $1.8 billion fund to compensate allies of the Republican president who believe they have been unjustly investigated and prosecuted, an arrangement that Democrats and government watchdogs derided as \u201ccorrupt\u201d and unconstitutional.<\/span><\/p>\n<div>\n<div>\n<div><span>Get Starting Point<\/span><\/div>\n<div><span>A guide through the most important stories of the morning, delivered Monday through Friday.<\/span><\/div>\n<div>\n<div><label>Enter Email<\/label><\/p>\n<div><button>Sign Up<\/button><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><span>The \u201cAnti-Weaponization Fund\u201d of $1.776 billion will allow people who believe they were targeted for prosecution for political purposes, including by the Biden administration Justice Department, to apply for payouts, creating what acting Attorney General Todd Blanche called \u201ca lawful process for victims of lawfare and weaponization to be heard and seek redress.\u201d<\/span><\/p>\n<p><span>Blanche, who was grilled by lawmakers on Capitol Hill on Tuesday, would not rule out the possibility that people who carried out violence during the Jan. 6, 2021, riot at the U.S. Capitol will be considered for payouts from the new fund.<\/span><\/p>\n<p><span>Democratic lawmakers and ethics watchdogs slammed the creation of the fund, saying it was corrupt, opaque and had the potential to become a \u201cslush fund\u201d for the president and his allies.<\/span><\/p>\n<p>Read more <a href=\"https:\/\/bostonrelocationinsider.com\/?p=730\">In Texas, Trump made one of the dumbest political decisions of his presidencies<\/a><\/p>\n<p><span>Sen. Ron Wyden, D-Ore., said Democrats intend to \u201cfight every element of this self-dealing settlement.\u201d<\/span><\/p>\n<p><span>\u201cNot only is this another heinously corrupt act by the most corrupt administration in history, it\u2019s clearly a violation of the law that prohibits interference by executive branch officials in IRS audits.\u201d<\/span><\/p>\n<p><span>The fund was announced after Trump, his sons Eric Trump and Donald Trump Jr., and the Trump Organization agreed to drop their lawsuit against the IRS and the Treasury Department. The lawsuit alleged that a leak of confidential tax records caused them reputational and financial harm and negatively affected their public standing, among other allegations.<\/span><\/p>\n<p><span>According to a separate settlement agreement posted to the Justice Department website Monday, Trump will receive a formal apology from the U.S. government but \u201cwill not receive any monetary payment or damages of any kind,\u201d from the settlement.<\/span><\/p>\n<p><span>Trump told reporters at the White House on Monday that the fund is dedicated to \u201creimbursing people who were horribly treated.\u201d<\/span><\/p>\n<p>Read more <a href=\"https:\/\/bostonrelocationinsider.com\/?p=728\">Five takeaways from Graham Platner\u2019s New York Times interview<\/a><\/p>\n<\/div>\n<\/article>\n","protected":false},"excerpt":{"rendered":"<p>The settlement, which marks an extraordinary use of executive power, goes beyond resolving litigation and effectively helps shield the president from further examination of his finances and legal conduct.<\/p>\n","protected":false},"author":1,"featured_media":733,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-734","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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