Trump Reveals His Plan to Take $10 Billion From Taxpayers
The president has pledged to donate any money he wins from his unprecedented $10 billion lawsuit against the IRS for leaking his tax returns.
“Any money that I win, I’ll give it to charity, 100 percent to charity, charities that will be approved by government or whatever,” Trump said in a sit-down interview with NBC News Wednesday, adding that he’d practically already won the suit.
“Scott Bessent is the head of the IRS. Pam Bondi is the head of the Justice Department. They are going to defend the IRS against you, their boss,” pressed NBC’s Tom Llamas.
But Trump shrugged that jarring comment off, acknowledging there had “never been anything like it.” Instead, according to Trump, the more palatable truth involved snatching billions from taxpayers to do with whatever he wants.
“What I would do? Tell them to pay me, but I’ll give 100 percent of the money to charity,” Trump said. One of those potential beneficiaries, according to the president, could be the American Cancer Society.
“You’d take it out of the system?” asked Llamas.
“No, I’m putting it back into the system,” Trump said. “If I give money to the American Cancer Society, I will give 100 percent of the money away to charity. I don’t want any of it.”
“Thirty-trillion-dollar debt, and we’re going to take $10 billion out of the system?” pressed Llamas, incredulously.
“Well I mean you give it away anyway, they give away a lot of money,” Trump responded. “I’ll tell you what, speaking about that, Minnesota and these other states—we have massive investigations going into fraud.”
Trump, in a personal capacity, sued the IRS and the Treasury in a Miami federal court last week for a breach that occurred between May 2019 and September 2020. The problem: The breach occurred during the first Trump administration, when Trump himself was in charge of governing those institutions.
Legal experts have questioned the validity of the suit, arguing that the president’s complaints have long passed the statute of limitations. They have also raised a plethora of concerns relating to conflict of interest, questioning whether the leader of the executive branch could attempt to take one of the agencies under his purview for billions of dollars.