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from the nice-work-if-you-can-get-it dept
In a ruling that will clearly be remembered as one of the worst in the history of the Supreme Court, two years ago, the court gave Donald Trump a get out of jail free card, which he appears to be trying to take full advantage of with all the criming in his second term. But, as always with this guy, it’s never enough.
We’ve already covered in detail the ridiculous situation in which Donald Trump acting in his supposed personal capacity, while still being the president, sued his own IRS for $10 billion, because a contractor leaked his tax returns a while back (that contractor is currently in prison for doing so). Again, there is zero indication of any actual harm. Every president — and nearly all major candidates — for the past 50 years released their tax returns to the public. Except Trump.
A decade ago he claimed that it was because he was being audited, and promised to release them once the audit was over. But he’s never done anything. And, as many people have noted, when President Richard Nixon started this tradition of releasing the president’s tax returns, he was actually being audited by the IRS, and was able to release his returns without a problem.
Either way, a contractor (not an IRS employee) leaked some of Trump’s returns to ProPublica and the NY Times, which resulted in a few stories before the news cycle moved on within days. It certainly didn’t stop Trump from being elected in 2024. And even though the returns were leaked in 2019 and 2020, Trump waited until he was back in the White House (and, in charge of the IRS and the DOJ) to file this $10 billion lawsuit.
We’ve covered the ridiculous claim that the “two sides” (there aren’t two sides) were “negotiating a settlement” and how the judge in the case has tried to call timeout, noticing that since Trump is effectively negotiating with himself there’s no cause or controversy, and thus there may be no jurisdiction for the court to hear the case. There’s still briefing going on over that, but the NY Times reports that the supposed (not really) “negotiations” have continued, with Trump apparently proposing that the settlement include the IRS dropping audits of Trump, his businesses, and his family, which would just be a shocking level of corruption from an administration that has spent its first year and a half in office trying to be as blatantly corrupt as possible.
One of the settlement options the Justice Department and White House officials are reviewing is the possibility of the I.R.S. dropping any audits of Mr. Trump, his family members or businesses, according to two of the people.
Again, even though the news cycle moved on quickly, perhaps it should return to exactly what those leaked tax returns showed: which is that at a time when Trump was publicly claiming to be rolling in cash, he basically paid effectively no income taxes and was racking up massive losses — figures that raise serious questions about his financial entanglements and what he stood to gain from his first term in office.
To have the audits of what happened during those years completely dropped — and not just for him, but for his entire family and related businesses — is another form of a get out of jail free card. Call it a “tax cheat for life” card.
To do this at a time when the public is struggling, due almost entirely to Donald Trump’s ridiculous policies — tariffs driving up inflation massively, an illegal war quagmire in Iran driving up energy prices — is even more insulting to the public that Donald Trump is supposed to be working for. The same day this story came out, Trump was asked about whether he was thinking about the impact of his out-of-control war on Americans’ financial situation, and he responded “not even a little bit” and that “I don’t think about Americans financial situation. I don’t think about anybody.”
Well, except himself, apparently.
Filed Under: audits, corruption, donald trump, irs, tax returns
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