Trump’s $10 Billion Shakedown of IRS is Corruption

Friday, May 15, 2026

Trump's $10 Billion Shakedown of IRS Takes Unnervingly Corrupt Turn The president's "settlement" with the IRS appears set to give him a slush fund of $1.7 billion to dole out to allies. How unconstitutional is it? Jamie Raskin counts the ways.

Posted by Corky at 07:17 PM | 1 COMMENT | permalink

Would it be legal for President Donald Trump to effectively order a major U.S. government agency to hand over huge piles of taxpayer money to a group of his political allies? We may be about to find out.

ABC News reports that Trump is likely to drop his $10 billion lawsuit against the Internal Revenue Service as part of a new settlement that amounts to one of his most corrupt schemes yet.

It would create a new $1.7 billion fund to compensate allies supposedly victimized by the Biden administration's "weaponization" of the legal system"potentially including the January 6 insurrectionists.

Comments

"In short, Trump's own DOJ is reaching a "settlement" with him that sets up a new MAGA slush fund of over $1 billion in taxpayer money.

It's overseen by people who can hand out the loot with no transparency, people whom Trump can fire for any reason"say, for not giving money to whoever Trump wants them to give it to. Including his army of insurrectionists."

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Gives new meaning to the term, "Mob Rule". This time it's actually Gangster Government.... just like the 3rd Reich.

#1 | Posted by Corky at 2026-05-15 07:20 PM