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  1. franklinton-photo on

    It shocks the rest of us that it took so long for experts to realize he undermines everything he touches.

  2. StronglyHeldOpinions on

    Yes.

    Why should any of us pay taxes when it’s going in the pockets of traitorous criminals?

    Seriously.

  3. Brilliant-Advisor958 on

    It’s a pardon for all past and future tax crimes that includes his business. It’s mind boggling corrupt.

  4. That’s not hard to understand. If the felon President is permanently exempt from paying federal taxes on his billions of dollars of his own annual income and that of all his family members, his companies, and crypto scams, why should a federal minimum wage earner feel compelled to file taxes on his measly income that’s hardly above the poverty level for a single filer?

  5. Finally, a tax bracket for the ultra-wealthy that just says ‘N/A’. The IRS will literally audit a server over a $50 tip discrepancy but is now legally barred from looking at a billionaire president’s tax returns. Unbelievable.

  6. When criminals break the law, it’s the trust in the criminal justice system that’s undermined? I guess the solution is to abolish the laws, except the no consequences part only applies to some, so still need laws to keep the majority in line.

  7. absentmindedjwc on

    What kind of dumb fucking headline is this? Could? He could literally just say that “I’m owed $3 trillion dollars” and they’re not allowed to call him on it.

  8. Lazy_Example4014 on

    Trump has undermined everything else. He keeps convincing uniformed and stupid people to vote for him. Until people see the truth we are stuck in this decent.

  9. Counterpoint: why would it NOT undermine trust in the tax system when some people are prohibited from being audited regardless of what they do illegally and blatantly.

    I don’t think there’s any answer unless you’re in the cult.

  10. CP_Chronicler on

    It’s already undermined. MAGA politicians don’t realize that citizens have their fingers on the proverbial trigger of a gun pointed at the proverbial head of every MAGA politician over this and so many other corrupt actions. Not a single US citizen should be paying taxes to this corrupt administration and this immunity plus the slush fund is an absolute abomination for every US taxpayer. The moment critical mass is gained, every US citizen will gladly pull that proverbial trigger without hesitation and the IRS is laid out flat in the water. The same goes for every MAGA politician who has betrayed this country because for all the bluster whipped up amongst the small percentage of absolute skullf***ed MAGA cultist voters (like all the J6ers who still keep ending up in prison), a majority of the country including the not-brain warped-former-Trump-voters can see exactly what’s going on and are eager to tear down the system. Retribution will come either from the ashes of American democracy or during a massive reconstruction and reconfiguration of the American system, but it WILL be inescapable for MAGA, and the former of those options is very likely to come in a form so unpleasant that not even money they’ve grifted through corruption can save them.

    If there’s anything that unifies Americans, it’s tearing down despotic fascist governments and this term has been so obviously catastrophic for even Trump voters that there‘s nowhere to hide the grift now. MAGA gerrymandering is a feeble tool used to steal numbers politically, but it doesn’t change the real-world calculus of the majority of American citizens vs. comfortable and spineless MAGA politicians.

  11. iteotwaqkiaiff1 on

    This agreement cannot be legal. FUTURE crimes cannot be investigated !?!?!?!?!? Either we rule by law or we don’t.

  12. Mikethebest78 on

    Its just really discouraging to see the worst case scenario play out in real time. When I said Trump would never face consequences for his actions I wanted someone to prove me wrong but there are never any consequences for Donald Trump which was bad enough when he was a failed reality TV star expect now he is president and has actual power.

  13. voyagerdoge on

    could = will

    and not only in the tax system, but in the overall rule of law in the US, which according to many has been degraded to a place far below its minimum requirements.

  14. The fact that Fat Orange Fuckwit and his crime family weren’t penalized 20 years ago after the criminal tax evasion detailed in the nytimes expose undermined my trust in the tax system years ago.

    This just confirms it.

  15. RiffRaffCatillacCat on

    >could undermine trust in tax system

    Oh, you mean the tax system where we bust our asses working hard to keep afloat with the bare minimum needs (shelter, food, clothes, child support, car/transportion) and then give up 30% of our yearly salary to NOT get affordable universal healthcare, NOT get high quality schools and education, and NOT revamp and upgrade our infrastructure to meet the standards of year 2026?

    Those taxes we pay that instead go to fund militarized police who shoot first and ask questions later, or to fund a state sponsored armed masked paramilitary group called ICE to illegally kidnap our neighbors or just execute American citizens on the street, or to fund the latest unnecessary war costing us 2 billion tax dollars a day and raising the cost of gas to almost double at the pump.

    That tax system? the one where we get taxation without representation in 2026.

  16. TheDukeofArgyll on

    The president that does what ever he wants with no repercussions thinks the next one is going to suddenly follow all the rules…

  17. YoureProbablyAB0t on

    Why should I pay taxes if a Child Rapist gets to conduct fraud on a massive scale and not pay taxes?

    What kind of bullshit is that?

  18. WalkComprehensivee on

    The entire premise of the American tax system is voluntary compliance backed by the fear that anyone can get caught if they cheat. The moment you codify into law or policy that the guy at the top is completely untouchable by the auditors, you give a massive green light to tax evasion everywhere else. Why should regular citizens sweat an audit while billionaires get a literal hall pass?

  19. brain_overclocked on

    >On Tuesday, the Internal Revenue Service agreed to drop all pending probes of Trump over whether he’s paid his fair share of taxes, to settle a lawsuit brought by the president over a leak of his tax returns. That could include, assuming it was ongoing, a long-standing audit into a technique Trump reportedly used to avoid paying taxes years ago that could have hit him with an estimated $100 million bill if the IRS found wrongdoing.

    Under the settlement to resolve Trump’s $10 billion lawsuit over the 2018 leak of his tax returns to The New York Times, the U.S. is “forever barred and precluded” from examining or prosecuting Trump, his sons and the Trump Organization’s current tax filings, according to a one-page document released Tuesday. That was quietly added to an original settlement establishing a $1.8 billion fund to compensate people whom Trump thinks were improperly investigated by the government.

    >Tax experts say this grant of immunity is shocking in the breadth of protection it offers the president and could undermine confidence in the fairness of the tax system.

    The immunity is especially useful to Trump. His company includes hundreds of separate businesses, making his tax returns complicated. He also has a reputation for aggressively cutting his taxes, which some experts find suspicious — and at least in one case deemed now illegal.

    Greedy lawlessness. He, his family, and all his cronies and pals now get to commit tax fraud with impunity while paying reparations to criminals with taxpayer money.

    LegleEagle offers an analysis on the situation: [My Blood Is Boiling](https://www.youtube.com/watch?v=tIBCjzz-bmk)

  20. Disillusioned_Pleb01 on

    Political system, politicians seem, like dead fish, going with flow.

  21. Choice-of-SteinsGate on

    Trump’s slush fund scheme is completely at odds with what our founding fathers intended.

    It’s a level of corruption you would indeed expect of a king or a dictator.

    Trump was a private citizen when he first filed damage claims against the individual and agencies responsible for leaking his tax information. When he became president he then tried to settle the matter with HIMSELF by seeking $10 billion in damages. An unprecedented move.

    Trump’s own DOJ, which now serves at his behest, was supposed to DEFEND the IRS, not work in tandem with the president to negotiate a settlement on his behalf.

    But few people are taking about what this information divulged.

    To put it simply, Trump is a tax evader.

    This is precisely why he broke with presidential tradition and did not release the information himself, even though he pledged that he would.

    Another aspect of this whole scheme that isn’t being discussed enough is the process by which an unconstitutional, $10 billion dollar lawsuit turned into a “anti-weaponization” fund paid for by the American taxpayer.

    The judge in the case argued that it had no legs because it lacked “adverseness” and was constitutionally invalid.

    In other words, there was no dispute between parties because Trump was opposing himself.

    “There must be an honest and actual antagonistic assertion of rights by one individual against another, which is neither feigned nor collusive.”

    The judge gave Trump and his attorneys a deadline to explain themselves.

    They couldn’t…

    So two days before that deadline, Trump dropped the suit specifically to avoid the judge ruling that the whole case was constitutionally unsound.

    The judge was about to pull the rug out from underneath Trump when the DOJ negotiated the $1,776 BILLION “settlement.”

    The case had no ground to stand on in the first place. But Todd Blanche and Trump’s corrupt DOJ found a way around that by concocting a scheme to create a taxpayer financed slush fund for him, his corrupt cohorts and his violent followers.

    The other question that’s not being asked enough is, if Trump was the supposed victim of the tax leak, why is everyone except Trump getting a payout?

    And the answer only makes sense when you consider the corruption involved.

    The judge was about to rule that Trump couldn’t sue his own government. The case was going to die and Trump would have nothing to show for it.

    The problem is he couldn’t take the money himself because it would amount to clear cut violation of the Emoluments Clause, for which Trump would be undoubtedly impeached.

    So instead, the “settlement” was restructured so that, on its face, Trump receives no money but gets in return:

    Immunity in perpetuity from the IRS; permanently barring the agency from ever auditing him, his family or his businesses again

    And of course, $1.776 billion flowing to a slush fund he secretly controls. And a fund no less run by a commission that his own crooked AG appoints and can fire at will.

    All in all, it’s the most egregious misuse of tax dollars and the most corrupt act committed by a president in modern history.

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