Trump’s ‘Anti-Weaponization Fund’ Could Carry Big Tax Bill

“President Donald Trump isn’t supposed to directly profit from the dismissal of his lawsuit against the IRS,” Politico reports. 

“And yet, he could still owe taxes on the money going to set up a central feature of that deal — the $1.8 billion Anti-Weaponization Fund.”

“Some tax practitioners say the way that the fund, which Acting Attorney General Todd Blanche announced May 18, is structured likely makes it an income tax liability for the president, potentially costing hundreds of millions of dollars.”