IRS, Donald Trump
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President Trump said any payout from his lawsuit against the IRS would go to charity. Now, he reportedly wants $1.7 billion to pay allies who were investigated by the Biden administration.
The IRS reached a settlement with President Trump over the leak of his tax returns, barring the agency from auditing his previous filings and reigniting a years-long battle over Trump’s taxes. Acting Attorney General Todd Blanche signed an order Tuesday declaring the IRS is “forever barred” from bringing claims against Trump based on his
It all comes down to deductions.
When President Trump was running for office, he made Social Security a pretty notable talking point. And one thing he promised to do was get rid of taxes on Social Security benefits. There’s a reason those taxes have long been a sore spot.