Trump's Lawsuit Against The IRS..

LINK

The DOJ is now weighing a possible settlement in Trump’s $10 billion lawsuit over the 2020 leak of his tax returns — a leak carried out by an IRS contractor who later went to prison.

Trump, his sons, and the Trump Organization filed the suit in January 2026, arguing the IRS and Treasury failed to protect their confidential records. If the Department of Justice settles a lawsuit brought by President Donald Trump against the IRS and the Treasury Department, Trump's net worth could be effectively double, based on his estimated worth and the damages he is seeking.

Now, as of May 2026, DOJ and IRS officials are reportedly discussing a deal that could include a major payout and even dropping ongoing audits of Trump-related entities. Critics say it raises conflict-of-interest questions since Trump oversees the very agencies negotiating with him.

Billions in taxpayer funds could possibly paid to Trump. He is the plaintiff and also the defendant. He states that “Any money that I win, I’ll give it to charity, 100% to charity, charities that will be approved by government or whatever.” We'll see.

I'm no fan of the IRS. Would like to see it either abolished or it's scope significantly reduced through some kind of flat tax or VAT (Value-Added Tax) system used similar to what many European countries have in place.

The IRS has a dismal record of protecting taxpayer privacy going back to the last century under both Republican and Democratic presidents. But, this makes no sense to hold average Americans liable for a federal agency’s faulty oversight of a contractor.