Corruption: General
President Trump sued the IRS and Treasury Department for $10 billion—yes, that’s billion with a “B”—claiming that the agencies failed to protect his tax information.
Here’s what that actually means. 🧵
For the past 50 years, every *other* president has voluntarily disclosed their personal tax info to the public.
No past president has brought with them the number of clear financial conflicts Trump has. (We know because we've been tracking it!)
Now, Trump and his sons are suing for about two-thirds of the IRS’ total budget for the 2026 fiscal year, which is $15.2 billion.
That puts Trump on both sides of the lawsuit—risking the government’s agreement to an unprecedented, collusive settlement in Trump's favor.
If that were to happen, taxpayer funds would roughly double Trump’s net worth to compensate him for the leak of tax info that he should have released in the first place.🤔
For context: Trump’s net worth has recently been estimated to be between $7.3 billion and over $10 billion.
Forbes reported Trump's first year back in office as “the most lucrative year of his life.”
Don Jr. and Eric Trump have also seen their fortunes explode during Trump’s second term.
Demanding $10 billion in taxpayer money would not just double Trump’s current net worth, it would unlock a mountain of liquidity for the family and their company.
With this lawsuit, Trump’s demanding more from the American taxpayers than some government programs cost to run—including many that his administration tried to cut in the name of government efficiency.
$10 billion could cover a huge chunk of the roughly $12 billion in disaster relief FEMA grants every year, 20 years of the Peace Corps budget or nearly five years of the National Park Service’s budget.
(citizensforethics.org)
Here’s what that actually means. 🧵
For the past 50 years, every *other* president has voluntarily disclosed their personal tax info to the public.
No past president has brought with them the number of clear financial conflicts Trump has. (We know because we've been tracking it!)
Now, Trump and his sons are suing for about two-thirds of the IRS’ total budget for the 2026 fiscal year, which is $15.2 billion.
That puts Trump on both sides of the lawsuit—risking the government’s agreement to an unprecedented, collusive settlement in Trump's favor.
If that were to happen, taxpayer funds would roughly double Trump’s net worth to compensate him for the leak of tax info that he should have released in the first place.🤔
For context: Trump’s net worth has recently been estimated to be between $7.3 billion and over $10 billion.
Forbes reported Trump's first year back in office as “the most lucrative year of his life.”
Don Jr. and Eric Trump have also seen their fortunes explode during Trump’s second term.
Demanding $10 billion in taxpayer money would not just double Trump’s current net worth, it would unlock a mountain of liquidity for the family and their company.
With this lawsuit, Trump’s demanding more from the American taxpayers than some government programs cost to run—including many that his administration tried to cut in the name of government efficiency.
$10 billion could cover a huge chunk of the roughly $12 billion in disaster relief FEMA grants every year, 20 years of the Peace Corps budget or nearly five years of the National Park Service’s budget.
(citizensforethics.org)