US President Donald Trump and his sons, Eric and Don Jr., have launched a massive lawsuit against the IRS and Treasury Department, seeking an astonishing $10 billion in damages. The family claims that the government failed to protect their tax returns from being leaked to the press.
According to the lawsuit filed in Florida's Southern District Court, the Trump Organization and its members are accusing the IRS and Treasury Department of breaching their duty to safeguard sensitive financial information. This comes after a former IRS consultant, Charles E. Littlejohn, was sentenced to five years in prison for stealing tax records from thousands of wealthy Americans, including the Trump family.
The lawsuit states that the government's actions have caused the Trumps significant reputational and financial harm, public embarrassment, and an unfair tarnishing of their business reputations. The plaintiffs claim that the leak of their tax returns portrayed them in a false light and negatively affected their public standing.
This is not the first time President Trump has taken on the government he leads. In October last year, he demanded that the Department of Justice pay him $230 million in compensation for prior investigations, describing situations where he could potentially "pay myself." The motivations behind these lawsuits are still unclear, but they reflect a pattern of aggressive behavior from Mr. Trump.
The implications of this lawsuit are significant, with many experts questioning the validity of the family's claims and the potential consequences for the IRS and Treasury Department.
According to the lawsuit filed in Florida's Southern District Court, the Trump Organization and its members are accusing the IRS and Treasury Department of breaching their duty to safeguard sensitive financial information. This comes after a former IRS consultant, Charles E. Littlejohn, was sentenced to five years in prison for stealing tax records from thousands of wealthy Americans, including the Trump family.
The lawsuit states that the government's actions have caused the Trumps significant reputational and financial harm, public embarrassment, and an unfair tarnishing of their business reputations. The plaintiffs claim that the leak of their tax returns portrayed them in a false light and negatively affected their public standing.
This is not the first time President Trump has taken on the government he leads. In October last year, he demanded that the Department of Justice pay him $230 million in compensation for prior investigations, describing situations where he could potentially "pay myself." The motivations behind these lawsuits are still unclear, but they reflect a pattern of aggressive behavior from Mr. Trump.
The implications of this lawsuit are significant, with many experts questioning the validity of the family's claims and the potential consequences for the IRS and Treasury Department.