Trump and IRS in Settlement Talks Over $10 Billion Tax Return Leak Lawsuit - EconoTimes
Donald Trump is in settlement talks with the IRS over a $10 billion lawsuit related to the leak of his tax returns.Summary
Donald Trump and the IRS are negotiating a settlement in a $10 billion lawsuit originating from the unauthorized release of Trump’s tax returns by former IRS contractor Charles Littlejohn, who was sentenced to five years in prison for the leaks. The lawsuit alleges that the IRS failed to protect confidential taxpayer information, which was then shared with media outlets like the New York Times and ProPublica, revealing Trump paid minimal federal income taxes for several years. Trump, along with his sons and the Trump Organization, claims the leaks caused financial and reputational damage. The case is complicated by the fact that Trump is suing his own administration, creating a conflict of interest within the Department of Justice. Any settlement would likely be paid by taxpayers, though Trump has stated he would donate any recovered funds to charity. This lawsuit is one of several filed by Trump against media organizations, including cases against the New York Times and the BBC.
(Source：Econotimes)