Trump's Slush Fund Too Much
Republican Senators likely to block corrupt self dealing.
It started when an IRS contractor disclosed some of Trump’s tax records to the NYT demonstrating that he paid little or no income taxes. Two years later Trump sued the IRS for $10 billion. Given that he oversees the IRS there was no adversarial interest and the case lacked a bona fide controversy. Article III of the Constitution defines the scope of federal court jurisdiction. The President, suing himself or his own agent fails the test.
The next sequence of the self-dealing of the Century develops when Trump’s lawyers, The Department of broadly designated Justice, settled the case for $1.8 billion of the taxpayer’s money to be disbursed in Trump’s discretion to compensate victims of the Biden administration’s “weaponization.” This includes persons convicted of assault during the Capital invasion who were released from prison under Trump’s amnesty.
The IRS General Counsel resigned to avoid being tainted by the deal. The money is to be taken from a Judgement Fund, used to resolve federal litigation. $1.8 billion will be transferred to a new account. Disbursements will be overseen by a five-person board who serve at Trump’s discretion. The funds will be available to compensate victims of political, personal or ideological persecution, whoever that is.
A related element of the so-called settlement is that the IRS is barred forever from recovering taxes related to pending audits of Trump, his family and businesses. Trump’s exposure is $100 millon.
This misappropriation of taxpayer dollars is not unique. Trump and his family have made billions capitalizing on his role as head of state. Quid pro quo is the rule; a. e. investment in a Trump family crapto currency in return for access to Nvidia’s coveted chips.
Two capital police officers, victims of the insurrectionist assault on the Capital, have sued to block the creation of the fund. Even the Republican Congress persons are scratching their heads.
The Senate went home for the holiday without considering pending authorizations. Word has it that twenty Republican Senators oppose it. Maybe this time he has gone too far.