US President Trump, family granted immunity from pending tax audits

The Trump administration has established a $1.776 billion fund, the Anti-Weaponisation Fund, to compensate individuals who allege they were subjected to unfair investigations. This development follows the dismissal of a lawsuit filed by Donald Trump, his sons, and the Trump Organization, which sought damages for alleged harm to personal interests from an executive agency. Legal experts described Trump's lawsuit as "unprecedented" given his control over the agencies involved. The fund will be managed by a five-member commission, with four appointed by the Attorney General, to process and redress claims of "weaponisation and lawfare." Critics, including Democrats in the House of Representatives, have condemned the settlement as an abuse of the legal system and a "slush fund." The lawsuit stemmed from the leak of Trump's tax information, which led to a New York Times investigation and a guilty plea from a former IRS contractor.

Donald Trump has moved to dismiss his $10 billion lawsuit against the IRS, dropping his claims as reports emerge of a potential settlement with the federal government. This settlement would reportedly establish a $1.776 billion fund, the "Truth and Justice Commission," to compensate individuals allegedly persecuted by the government, though Trump himself could not receive payments. The dismissal filing comes ahead of a court deadline for briefing on whether a legitimate controversy exists, given Trump's control over the IRS. The lawsuit stemmed from the leak of Trump's tax returns by an IRS contractor. Democrats have criticized the rumored settlement, calling it a "slush fund" for allies, and watchdog groups have pledged to challenge its legality.

President Donald Trump has moved to withdraw his $10 billion lawsuit against the Internal Revenue Service concerning the leak of his tax returns. This action was disclosed in a federal court filing in Florida. The withdrawal comes amid reports that the Trump administration is considering a $1.7 billion fund to compensate allies who believe they were wrongly investigated. Democrats have criticized this potential fund as unconstitutional. Trump's lawsuit, filed last year, alleged reputational and financial harm from the leak of his and the Trump Organization's tax records. A former IRS contractor was previously sentenced for leaking Trump's tax information. The article notes that Trump's lawyers had previously requested a pause in the case to explore settlement options.

President Donald Trump has dropped his $10 billion lawsuit against the IRS, which stemmed from the leak of his tax returns by a former contractor. In conjunction with this, the Department of Justice announced the creation of a $1.77 billion "Anti-Weaponisation Fund" to address claims of "weaponisation and lawfare." This fund is intended to compensate individuals perceived to have been wrongly investigated or prosecuted. Democrats and government watchdog groups have criticized the fund, calling it a "political grievance fund" and unconstitutional. The lawsuit was filed by Trump, his sons, and the Trump Organization, arguing the IRS failed to prevent the disclosure of his tax returns. The former contractor, Charles Littlejohn, pleaded guilty to improper disclosures and was sentenced to prison.