In a recent appearance on MSNBC, Trump biographer David Cay Johnston discussed the potential financial implications of a reported tax scandal involving the former president. According to Johnston, if Trump loses the audit battle over suspicions of defrauding the IRS of over $100 million, it could have devastating consequences, especially when considering his legal fees. This revelation comes amid ongoing scrutiny of Trump’s financial dealings, with parallels drawn to previous IRS controversies.
Johnston highlighted the seriousness of the situation, emphasizing the significant damage such a loss could inflict on Trump. The discussion underscores the precarious position the former president finds himself in, as he faces mounting legal challenges and scrutiny over his financial practices, which could have far-reaching implications for his future endeavors.