Trump made a real sweetheart deal with the Department of Justice and the Treasury Department. In return for him dropping his lawsuit demanding $10 billion, which may well have been dismissed by the federal judge hearing it, Trump won an incredible exemption for himself and his family.

Remember, when he first ran for president in 2015, he promised to release his tax returns after the IRS finished auditing them. Apparently, eleven years later, the Trump returns are still under audit. When his returns were leaked by an independent contractor who got a 5-year jail sentence, we learned that Trump didn’t pay any taxes some years, and in one year, paid only $750.

But part of the $1.776 billion deal relieves him of all worries about his tax returns.

Politico reported:

The Justice Department on Tuesday expanded the just-announced settlement of President Donald Trump’s lawsuit over the leaking of his tax returns to include a pledge that the IRS will no longer pursue any claims it may have against Trump, his family members and his companies over unpaid taxes.

The nine-page settlement agreement DOJ released Monday, setting up a nearly $1.8 billion fund to compensate victims of alleged weaponization of law enforcement, did not mention any resolution of disputes over Trump’s tax returns, which he has repeatedly claimed were under protracted audits by the IRS.

However, a one-page document posted on the DOJ website early Tuesday includes a sweeping release under which the IRS is “forever barred and precluded” from pursuing “examinations” of Trump, “related or affiliated individuals,” and related trusts and businesses.

The waiver specifically encompasses “tax returns filed before the effective date” of the settlement, which was Monday.

Acting Attorney General Todd Blanche signed the addendum, dated Tuesday. It does not bear the signature of any representative of the IRS or any current Trump lawyers. Metadata attached to the document indicates it was prepared or scanned at 7:50 a.m. Tuesday.

Blanche did not sign the original settlement agreement, which was signed by Associate Attorney General Stanley Woodward, IRS CEO Frank Bisignano and Trump attorney Daniel Epstein.

The Justice Department did not immediately respond to requests for comment on why the waiver wasn’t included in the agreement released Monday and why it isn’t signed by the same people.

John Koskinen, the former IRS commissioner from 2013 to 2017, said the expanded settlement set a “terrible precedent” that could effectively generate a windfall for Trump.“It makes you wonder what the President has to hide in those tax returns. He’s apparently been actively trading in the stock market and, since he knows a lot more about situations than the average investor, he’s probably generated significant taxable earnings,” he said in an emailed statement. “Not auditing his returns is the same as giving him an easy way to, in effect, receive money from the government.”

Danny Werfel, the former IRS commissioner from 2023 to 2025, said he was “unaware of a single precedent where the IRS has agreed in advance to permanently forgo examination of previously filed tax returns for a specific person or business.”

Press reports in advance of the settlement indicated that a potential deal might include an agreement by the government to drop all audits of Trump-related returns and perhaps even to refrain from future audits.

What a deal! No more audits!