CounterPunch.org | The Trump Tax Man Goeth by Matthew Stevenson

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The article explains that the Trump family’s $10 billion lawsuit against the IRS—stemming from a 2019 leak of Trump tax returns that showed he often reported huge losses and paid as little as $750 in income tax—appears to be a sham designed to extract money from the government. Because the Justice Department and Treasury, which oversee the lawsuit, are staffed by Trump appointees, the case could be “settled” internally, allowing Trump to claim a massive payout and immunity from audits while his allies in the administration approve the deal. Legal experts note the suit is likely frivolous and may be dismissed on procedural grounds, but the urgency to settle comes from the risk of a judge striking it down. Ultimately, the purported settlement would grant Trump a financial windfall, protect his businesses from further IRS scrutiny, and reinforce a precedent that a president can sue his own government and negotiate a private settlement.

Read more: https://www.counterpunch.org/2026/05/15/the-trump-tax-man-goeth/

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