Trump's $10 Billion Shakedown of IRS

Saturday, May 16, 2026

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 08:32 AM | 4 COMMENTS | permalink | Comment on This Entry |

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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.

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"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."

;;

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 | Reply

Republicans the blacks vote Democrat, because the Democrats give blacks Free Stuff.

Meanwhile, Republicans vote for Trump because the Republicans give Trump ten billion dollars.

#2 | Posted by snoofy at 2026-05-16 11:39 AM | Reply

8647

#3 | Posted by donnerboy at 2026-05-16 02:19 PM | Reply

One wonders what Joe Biden, Kamala Harris, and Tim Walz are thinking today.

"What could we have done better in 2024 that could have avoided this economic, political, and moral catastrophe that has befallen the American people?"

#4 | Posted by C0RI0LANUS at 2026-05-16 05:41 PM | Reply