Trump’s $10 billion IRS lawsuit is unlike anything he’s filed before

Ms Now
Donald Trump is suing the government for $10 billion, claiming his reputation was harmed when his tax returns were leaked to the public.

Summary

Former President Donald Trump is pursuing an unprecedented $10 billion lawsuit against the U.S. government, alleging damages to his reputation stemming from the 2020 leak of his tax returns to The New York Times. The lawsuit claims the disclosure of his tax information, which revealed he paid only $750 in federal taxes in 2020, warrants a massive payout from taxpayers. This action is part of a pattern of Trump using lawsuits as “extortion schemes” against perceived adversaries, including media organizations, securing multimillion-dollar settlements from companies like CBS, ABC, Meta, YouTube, and Twitter/X.

The strategy relies on demanding large sums of money for alleged offenses, knowing the claims are unlikely to succeed in court but hoping to secure settlements to avoid prolonged legal battles and potential repercussions. Trump’s control over key government positions, such as Treasury Secretary and Attorney General, raises concerns that the decision to settle will be influenced by political considerations rather than legal merit. This case represents a significant escalation in Trump’s history of leveraging the legal system for personal financial gain, extending beyond previous instances of self-dealing during his first term.

The author argues that Trump is essentially treating lawsuits as a means to raid federal coffers, and that this latest suit surpasses all previous attempts at profiteering. He highlights the broader context of Trump’s efforts to monetize his presidency through various avenues, from encouraging spending on his merchandise to promoting his media company and stablecoin, ultimately concluding that Trump has cemented his place as the most corrupt president in American history.

(Source:Ms Now)

Hindustan Times

The $60.5 million tinder payout: How to claim your settlement cash today | Hindustan Times

Breitbart News Network

How to Check if You Qualify for Google's $135 Million Settlement over Android Phone Data Snooping

Crypto Breaking News

Judge Rules Jenner’s Memecoin Not a Security; Lawsuit Dismissed

The Arizona Republic

Have you bought this toothpaste? You may be owed money. What it means

Baton Rouge Advocate

Fishermen seek class action suits over Louisiana oil spill

Headtopics

Trump, IRS in talks to resolve $10 billion lawsuit over tax records leak

Econotimes

Trump and IRS in Settlement Talks Over $10 Billion Tax Return Leak Lawsuit - EconoTimes

Mediagazer

A district court judge in California issues a preliminary injunction blocking Nexstar's acquisition of Tegna while an antitrust lawsuit proceeds

Wkmg

Federal judge blocks Nexstar-Tegna TV station merger until antitrust lawsuit is settled

Openpr.com

XRP Price Prediction: Ripple Cross Border ODL Network Expands as $150T SWIFT Settlement Market Opens

Daily Mail Online

Trader Joe's shoppers may be getting a $102 payout with bombshell class action settlement… are YOU eligible?

Chicago Tribune

Trader Joe’s settlement: How to know if you’re eligible for $102 payout

Los Angeles Times

Lawsuit plaintiff arrested by ICE; Attorneys alleging 'Shocking act of retaliation' - Los Angeles Times

South Bend Tribune

Trader Joe's $7.4 million settlement affects 750,000. Are you owed money?

The Free Press Journal

PC Jeweller Reduces Bank Debt By 10%, Clears Over 90% Since Settlement