Critics fear Trump may use IRS audits against them for revenge, raising concerns.

From Investing.com: 2024-12-18 13:41:52

Some Trump critics in his first administration are preparing for possible IRS audits as a form of revenge. Trump has not publicly discussed using the IRS this way, but some fear audits would be costly and emotionally stressful. Trump has been less vocal about targeting enemies since winning the election.

Historically, U.S. presidents have misused the IRS to target opponents, but laws now prevent direct presidential orders for audits. Trump has faced accusations of targeting political enemies, such as FBI leaders Comey and McCabe. The IRS cleared itself of wrongdoing in their audits, which led to small payments from the couple.

Critics of Trump, including former officials in Obama’s administration and Republican strategist, worry about potential audits. The U.S. tax system is complex, with audits rare and typically handled by non-partisan civil servants. The IRS said they have safeguards against political bias and less than 400 people were jailed for criminal tax evasion in 2023.

Trump has made threats against various critics, like former CIA director Brennan and former congresswoman Cheney. Many are taking protective measures to ensure audit-proof tax returns. Some, like Comey and McCabe, have faced intrusive audits before, raising concerns about political bias within the IRS. Congress members are closely monitoring Trump’s actions.



Read more at Investing.com: Trump says he wants retribution. Some critics fear he will use the IRS to get it By Reuters