Trump Settles His Own Lawsuit Against the IRS for $1.8 Billion of Your Money
President Donald Trump has settled his lawsuit against the IRS, agreeing to drop the case in exchange for the establishment of a fund for victims of federal law enforcement actions. The fund, named 'The Anti-Weaponization Fund,' will receive $1.776 billion from taxpayer money. Critics argue that the fund may serve as a slush fund for Trump and his associates rather than genuinely aiding victims.
- ▪Trump agreed to drop his lawsuit against the IRS in exchange for a fund for victims of federal law enforcement.
- ▪The Anti-Weaponization Fund will be established with $1.776 billion from the Judgment Fund.
- ▪Critics claim the fund could be misused as a slush fund for Trump and his allies.
10 outlets in our directory ran this story, first to last over 31 hours. Coverage spans 3 points on the political spectrum — 5 lean left, 3 centre, 1 lean right.
- ▪ U.S. government to drop tax claims against Trump in broadening of IRS settlement — NPR Topics: News
- ▪ IRS will not pursue Trump for back taxes under settlement agreement — France 24 (EN)
- ▪ US drops tax claims against Donald Trump under IRS settlement — Times of India — Top
- ▪ Justice Department agrees not to pursue any tax claims against Trump as part of IRS deal — NBC News — Politics
- ▪ US to drop tax claims against Trump ‘forever’, in IRS lawsuit deal — South China Morning Post
- ▪ U.S. to permanently drop tax claims against Trump in broadening of IRS lawsuit settlement — The Globe and Mail
- ▪ US justice department ‘forever’ bars IRS from auditing Trump’s tax returns — The Guardian — US
- ▪ Why Trump’s $1.8 Billion IRS Settlement Could Actually Cost Him Money — Forbes — Business
- ▪ Trump, DOJ settle $10 billion lawsuit against IRS and Treasury Department over leaked tax returns — CBS News — Top
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| Original publisher | Reason Magazine |
| Canonical URL | https://reason.com/2026/05/19/trump-settles-his-own-lawsuit-against-the-irs-for-1-8-billion-of-your-money/ |
| Publication time | Tue, 19 May 2026 16:15:54 +0000 |
| Retrieval time | 2026-05-19T16:29:57.870Z |
| Last seen | 2026-05-19T16:29:57.870Z |
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Opening excerpt (first ~120 words) tap to expand
Trump Administration Trump Settles His Own Lawsuit Against the IRS for $1.8 Billion of Your Money The government says the money will go to a fund for those "who suffered weaponization and lawfare," but it's more likely a slush fund for Trump and his cronies. Joe Lancaster | 5.19.2026 12:15 PM Share on FacebookShare on XShare on RedditShare by emailPrint friendly versionCopy page URL Add Reason to Google Media Contact & Reprint Requests <img src="https://d2eehagpk5cl65.cloudfront.net/img/c800x450-w800-q80/uploads/2026/05/trump-irs-800x450.jpg" style="max-width: 100%; height: auto" width="1200" height="675" title="President Donald Trump superimposed against the Internal Revenue Service (IRS) building in Washington, D.C." alt="President Donald Trump superimposed against the Internal Revenue…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Reason Magazine.