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Trump moves to dismiss $10B suit against the Internal Revenue Service over leak of tax returns

Trump moves to dismiss $10B suit against the Internal Revenue Service over leak of tax returns

Summary

President Donald Trump filed a $10 billion lawsuit against the IRS over leaked tax returns but has now moved to withdraw it. Reports say his administration may create a $1.7 billion fund to compensate his allies who claim they were unfairly investigated or prosecuted.

Key Facts

  • President Trump sued the IRS last year for leaking his tax returns.
  • He wants to dismiss the $10 billion lawsuit as part of a possible settlement.
  • The proposed settlement includes a $1.7 billion fund to pay some of Trump’s allies.
  • The fund would compensate people who believe they were wrongly investigated or prosecuted.
  • Democrats criticized the idea, calling it a political payoff fund.
  • The lawsuit names President Trump and his sons, Donald Jr. and Eric Trump.
  • The case is being handled in a federal court in Florida.
  • Trump claims the Biden Justice Department unfairly targeted him and his supporters.
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