Settlement with the US government would create $1.7bn fund to compensate allies for supposed persecution
Donald Trump moved to dismiss a $10bn lawsuit against the IRS on Monday, dropping his claims amid reports he is considering a settlement with the federal government that would create a $1.7bn fund to compensate allies for supposed persecution by the government.
The Monday filing came just two days ahead of a 20 May deadline in which the judge overseeing the case asked the parties for briefing on whether a legitimate controversy existed – a requirement for any lawsuit – because Trump controls the IRS.
Continue reading...This article was originally published by The Guardian and written by Sam Levine in New York.
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