Update: We initially thought the Trump IRS settlement had been eliminated. It wasn’t. Part of it was eliminated, while another part was narrowed.
The biggest change is that Acting Attorney General Todd Blanche formally rescinded the proposed $1.776 billion “Anti-Weaponization Fund,” a taxpayer-funded slush fund that was created as part of Trump’s settlement with the IRS after he agreed to drop his lawsuit over the “leak of his tax returns”. The fund had drawn criticism because it would have compensated people claiming they were victims of government “weaponization,” including concerns that January 6 defendants would benefit.
What wasn’t eliminated was the tax portion of the settlement. Instead, Blanche narrowed it in writing. The clarification says the protections apply only to past tax returns covered by the settlement and only to Donald Trump, Donald Trump Jr., Eric Trump, and the Trump Organization. It also states that future tax returns can still be audited.
That is certainly narrower than the original language, but it still leaves special protections for certain past tax matters that ordinary Americans don’t receive. Last year Trump made 2.3 billion that he now might not owe taxes on any of it. If every American is expected to pay the taxes they legally owe and resolve past tax issues under the same rules, why should any individual or family receive unique protections through a special settlement with the federal government? Equal treatment under the law should apply to everyone.
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