Trump 'may release' his tax returns after IRS settlement
President Donald Trump said on Wednesday he “may release” his current tax returns to the public after the IRS reached a settlement over a leak of his past tax records.
TL;DR
- Donald Trump stated he may release his current tax returns to the public.
- This decision comes after the IRS reached a settlement regarding a leak of his past tax records.
- Trump claimed the leaked returns showed he paid a lot of tax.
- The IRS settlement resolves Trump's $10 billion lawsuit against the agency.
- The settlement includes a nearly $1.8 billion 'anti-weaponization' fund to compensate alleged victims of 'lawfare'.
- The settlement also bars the federal government from investigating or prosecuting Trump, his sons, and the Trump Organization over tax issues.
- A former IRS contractor, Charles Littlejohn, was sentenced to prison for leaking Trump's tax returns.