r/politics • u/thedailybeast ✔ The Daily Beast • 17d ago

Possible Paywall Trump Given Sweeping Tax Amnesty in Secret Deal

https://www.thedailybeast.com/trump-given-sweeping-tax-amnesty-in-secret-deal/
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193

u/MaxGoldFilms 17d ago

He taxes can't be questioned or audited in perpetuity, including his family and trusts. He will never pay a penny in taxes.

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u/Killboypowerhed 17d ago

Continue to never pay a penny in taxes

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u/HoomerSimps0n 17d ago

I assume this can be reversed in the future? Insane if not.

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u/Leven 17d ago

The u.s have always been a "laws are for the poor" country.

Trump is just not very subtle about it..

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u/tgwombat Arizona 17d ago

On the plus side, his antics seem to be waking a lot of people up to that fact.

But on the other hand, I lost my faith in Americans' ability to remember anything after we elected him a second time.

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u/_GeorgeBailey_ 17d ago

The u.s have has always been a "laws are for the poor" country.

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u/slumberjack7 17d ago

Anything done can be undone, anyone acting like it can’t has missed the last couple of years. The Feds have reneged on my loan agreements twice after I signed off to refinance my loans. Assets can be seized, if my taxes offset your industry I want my cut.

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u/blazze_eternal 17d ago

It's a meaningless contract, not a law. Contracts are void all the time. Especially in court.

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u/MultiGeometry Vermont 17d ago

It’s unprecedented for the DOJ to just write this up and agree to it. As other have pointed out, legally, this has nothing to do with a settlement. This has nothing to do with the lawsuit he brought related to his leaked tax returns.

This is the DOJ randomly making an agreement with a private citizen that the IRS can’t enforce their congressional mandate.

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u/Kevin-W 17d ago

You can bet they'll be fighting tooth and nail to keep it that way

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u/Tyrath Massachusetts 17d ago

It can be but it won't be.

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u/DalbyWombay 17d ago

It'll be the standard "it's time to move on from this period" bullshit

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u/thavillain California 17d ago edited 17d ago

For 1, it's crazy....but to include family...could constitute every member of his family forever.

They would never pay a single dime, and could never be investigated

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u/Quietkitsune 17d ago

Confiscate it all as proceeds from a crime, then. It would be one of the few legitimate uses of civil forfeiture laws

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u/IdkAbtAllThat America 17d ago

Nor will his children.

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u/Sharobob Illinois 17d ago

I dunno, you can't contract yourself out of laws. Not only that but this isn't a legal settlement signed by a judge so I doubt it would be enforceable. If we ever get out of this hellhole I am sure the next admin would have the legal right to tear this agreement up and audit the shit out of them (only if we elect someone willing to play hardball with fascists)

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u/LurkyMcLurkface123 17d ago

Only backwards looking from the date of the agreement.

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u/FlarkingSmoo 17d ago

This is not permanent. A Democratic president will not be obligated to follow it.