Trump nears deal with IRS that could see him given $14 billion in taxpayer money
Donald Trump may have arranged himself a 11-figure payday after his own tax office signalled they would settle a lawsuit with him.
The US president and two of his sons have sued the Internal Revenue Service (IRS) for $US10 billion ($14 billion) after his tax information was leaked to the media in 2018 and 2020.
Today both Trump and the IRS asked a court to grant a 90-day extension so they could resolve the matter.
Donald Trump and his sons have filed a $10 billion lawsuit against the IRS, alleging that his tax information was illegally leaked to the media in 2018 and 2020.
Both parties have requested a 90-day extension from the court to potentially settle the matter, a move that ethics watchdogs claim represents a massive conflict of interest given Trump's authority over the agency.
Critics, including Senator Elizabeth Warren, have labeled the lawsuit a form of theft, prompting her to introduce legislation aimed at preventing Trump from profiting from the case.
Trump, who has a history of withholding his tax returns from the public, has suggested he might donate a portion of the settlement to charity.