Justice Department agrees to $1.776B Fund for Trump Allies

26,037 Views | 386 Replies | Last: 16 hrs ago by flown-the-coop
flown-the-coop
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AG
AgDev01 said:

We fixed the keg said:

So fact check me here:

The money was part of a settlement between the IRS and Trump, correct? If this is the case, doesn't that mean this money will now be paid directly to Trump? ... and he can do whatever he chooses with those dollars.



i have not seen it reported anywhere that money would go to Trump, that just seems like wishcasting. Blanche stated yesterday the fund was done but that the audit protections would remain.


Usually when you sue and win, you determine how to use the proceeds. Some goes to your attorney.

When you reach a legal settlement, particularly with a government agency, then all sorts of caveats can be agreed to.

Here, Trump agreed that in exchange for any monies due him they instead for to the 1776 fund which Trump also agreed would exclude him from receiving those funds.

Judge here said we don't like the terms. Trump through Blanche said that we are not going to push back on the judge regarding the settlement fund, but the IRS audit protections should remain.

But I am not sure if the IRS audit "immunity" was totally separate.
flown-the-coop
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You can read the actual settlement agreement. What do you mean no trustworthy source.
 
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