The Frontier

Trump settled a lawsuit with the IRS to create a $1.776 billion 'Truth and Justice Fund' for compensating people wronged by federal prosecutions, including himself, his family, and January 6 participants.

President Trump dropped a $10 billion lawsuit against the IRS after a federal judge questioned its legitimacy due to his control over both the plaintiff and defendant sides of the case.

The fund's creation was linked to the leak of Trump's tax returns. IRS contractor Charles Littlejohn pleaded guilty in 2023 and was sentenced to prison in 2024 for leaking the information to the New York Times and ProPublica.

As part of the deal to drop his lawsuit, the IRS will drop any audits of Trump, his family, and his businesses, potentially allowing him to avoid tax bills that could exceed $100 million.

Donald Trump dropped a lawsuit against the IRS, initiating a settlement that created an "Anti-Weaponization Fund" of taxpayer dollars. The fund aims to compensate individuals politically targeted for prosecution.