Trump, in court filing, says he’s dropping his $10B lawsuit against IRS


Attorneys representing President Donald Trump informed a federal judge in a court filing Monday that the president is dropping his $10 billion lawsuit against the Internal Revenue Service.

ABC News has reported that Trump was planning to drop the suit in exchange for the creation of a $1.776 billion compensation fund for those who allege they were wrongly targeted under the Biden administration. 

While Monday’s court filing makes no mention of the compensation fund or any settlement talks, Trump’s attorneys argue that because the case is in the early phases of litigation, Trump did not need to ask the court for permission to dismiss the case.

Trump sued the IRS after a government contractor pleaded guilty in 2023 to stealing the tax information of Trump and other wealthy Americans and leaking it to media outlets in 2019 and 2020.

This is a developing story. Please check back for updates.



Source link

  • Related Posts

    New sunscreen ingredient wins FDA approval after years of delay

    The Food and Drug Administration has approved the first new sunscreen ingredient for the U.S. market in more than 25 years. The decision announced Tuesday will give Americans access to…

    After outcry from Mormon lawmakers, Pentagon updates religious codes

    The Defense Department on Monday edited its new list of religious “codes” for service members so that no group is labeled “Christian” — drawing praise from Mormon lawmakers who were…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Throwing out a bit of light (in Kiama) – bushboys world

    Throwing out a bit of light (in Kiama) – bushboys world

    Can a $159 Bluetooth sleep mask help you snooze better? I tested to find out | Sleep

    Can a $159 Bluetooth sleep mask help you snooze better? I tested to find out | Sleep

    Grading bold 2025-26 season predictions for all 30 NBA teams

    Grading bold 2025-26 season predictions for all 30 NBA teams

    In Am I Nima, you must find and fuse words to convince your mother you’re really her daughter

    In Am I Nima, you must find and fuse words to convince your mother you’re really her daughter

    Keke Palmer Adds Chanel and Femme LA Heels to Impressive Shoe Closet

    Keke Palmer Adds Chanel and Femme LA Heels to Impressive Shoe Closet

    Boundaries – Views from the Beltline

    Boundaries – Views from the Beltline