DOJ's tax settlement with Trump sets 'dangerous precedent,' former IRS commissioner says
Summary
The Trump administration made a permanent rule that the IRS cannot audit President Donald Trump’s tax returns, his sons’ tax returns, his company, or any related trusts. This decision came shortly after the government set up a $1.8 billion fund to pay people who say they were treated unfairly by the Biden Justice Department.Key Facts
- The IRS is permanently banned from auditing President Trump’s tax returns and those of his sons.
- The ban also applies to President Trump’s company and any related trusts.
- This rule was announced during the Trump administration.
- A $1.8 billion fund was created to compensate allies of President Trump.
- These allies say the Biden Justice Department treated them unfairly.
- The issue was discussed by Geoff Bennett and former IRS Commissioner John Koskinen.
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