May 20, 2026
DOJ Scheme ESCALATES With Disastrous Secret Trump Tax Deal
Donald Trump and his family get outrageous new tax protections as part of secretly made settlement made through his DOJ, Todd Blanche, over the multi-billion IRS lawsuit. John Iadarola and Sharon Reed break it down on The Damage Report. Leave a comment with your thoughts below!
- 6 minutes
Because of this administration's leadership
fraudsters, scammers, tax chiefs or anyone
who lies to get rich off the generosity of
the American people should be on notice.
unless you're Donald Trump or related to Donald
Trump or involved in Donald Trump, then I guess
[00:00:16]
you're on notice that you could be a tax cheat
and fraudster as much as you want, and you
will never be caught. I don't mean that the
system isn't really set up to catch you and
so your chances of being caught were always
very low. No, no, no, we're way beyond that
now. I mean, you'll never be caught by law supposedly
because as yet another part of what they're
[00:00:39]
calling a settlement with Donald Trump's IRS
case, it's not a settlement. He dropped the
case and they just did this. He decided, hey,
you know what would be really cool? This is
gonna be funny. What if they could never look
into my taxes again? And not just me, all of
[00:00:59]
them, all the Trumps all over the place. Wouldn't
that be wild? Wait, actually, let's do that.
And so they're doing that or at least trying
to do that. DOJ has said him, his family, his
businesses are immune. from any ongoing inquiries
into their taxes. so Todd Blanch, the acting
[00:01:16]
Attorney General and actual Donald Trump personal
lawyer, said that the government would be quote,
forever barred and precluded from prosecuting
or pursuing pending tax claims against Trump,
his family members and businesses. And I was
going to say, leave that up for a second, I
was going to say, I'm not a lawyer, but I'm
pretty sure that's not gonna hold up in court.
[00:01:36]
But then I realized he capitalized forever barred
and precluded so. Yeah, no, we're probably
screwed then. Anyway, the interesting thing
is that federal law prohibits the president,
vice president, and other executive officers
from instructing the IRS to start or stop specific
[00:01:52]
audits, which of course this is doing. But
that broad prohibition appears to include a
carve out for the attorney general. See, but
there's a reason for that. That's because in
the Elden days, we used to have this idea that
the attorney general and in fact the entirety
[00:02:07]
of the DOJ was like an independent thing. Somehow
the founders didn't think to say, the Attorney
General probably shouldn't be the personal lawyer
of the goddamn President of United States.
Oopsie doopsie, we made a constitutional poopsie
everybody. And so I guess Trump can just tell
[00:02:28]
his toady to stop the audit. And all audits
for him, for Eric, Don Jr. Kai Trump, you
thinking about doing some tax cheats? You're
fine, don't even worry about it, I guess. But
never forget, Hunter Biden is the real tax cheat.
He actually got in legal trouble for his taxes.
[00:02:49]
That was corruption, not Donald Trump, not at
all. And what's interesting is that you might
think, well, why would you need this unless
you knew that you had broken the law? And yeah,
no, that's a very good point. They do appear
to know that. And this potentially could save
[00:03:05]
Trump at least $100 million from double dip
tax breaks that there has been strong evidence
for years he was engaging in. And again, I don't
know why Donald Trump would care about the
$100 million. He has literally billions. It
means nothing. It's like you losing a penny,
[00:03:22]
but he's willing to further shred the Constitution.
this is nothing. There's no legal basis for
literally any of this. But we are in America
and there's no legal basis for anything anymore
Sharon. So yeah, I'm a little bit mad, what
do you think? Yeah, I'm just listening to you
[00:03:40]
now. It's like my blood pressure is going up
and I've just like keeping a list of the people
that I'm furious with. And it's like kind of
out of sync because it's on one hand Mike Pence
and anybody who wasn't going to vote the 25th
because you know, just taking it too far. Joe
Biden who didn't want to once he got in office.
Go ahead and let's um figure out how to get
[00:04:00]
this guy in jail. uh All of them, Jack Smith,
Susan Collins, who said the president's learned
his lesson. He's not gonna stop unless he is
proactively stopped. We have to put up a barrier
to this guy. He's got to go. This whole thing
where the Democrats are still saying things
[00:04:19]
like, well, we're not gonna focus on him and
impeachment. This is just gonna keep happening.
I've been racking my brain and I'm no lawyer.
I have enough experience with him now to say,
hey, what can we do to undo this? And the truth
is he's gated everything. He owns the Supreme
[00:04:35]
Court. He owns us the tax laws, his attorney
general Todd Blanch. It's gonna be blanket
pardons to him, everybody around him. And the
rest of us are left holding the bag and working
probably for the first 11 months of the year
for Donald Trump and his theft. Yeah, it just,
[00:04:51]
it like, so Donald Trump's taxes were leaked
or whatever. And so Eric can't be audited.
Does that not feel like, like fundamentally
anti-American? Like what, does that have to
[00:05:07]
do with anything? Like his whole of Ivanka can't
be audited because Donald Trump's taxes were
leaked six years ago and it made absolutely
no difference whatsoever. he's worth like five
times as much as he was then and he became president
again. I don't understand any of this. And
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this isn't even where I'm gonna ask the media
to ask Todd Blanch a tough question. No, they're
just gonna spit in our face. But I don't know,
maybe when we take over Congress, this could
be one of the focuses of what should be an absolute
goddamn tsunami of investigations. But honestly,
[00:05:46]
as insane as this is, and this is arguably one
of the craziest things the president has ever
done, it's not even the craziest thing. in this
segment of the damage report. You know what
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