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US president Donald Trump is reportedly involved in a new corruption scandal, having become the first chief executive in the country's history whom the internal revenue service is barred from auditing. The announcement has sparked outrage among Americans. Reporting from New York, our correspondent, Henry Camelo, has the details.

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00:00And U.S. President Donald Trump is reportedly involved in a new corruption scandal, having
00:05become the first chief executive in the country's history whom the Internal Revenue Service
00:10is barred from auditing.
00:11The announcement has sparked outrage among U.S. citizens.
00:15Reporting from New York, our correspondent Harry Camelo.
00:19Pure corruption in its most extreme form.
00:23This is how several members of the U.S. Congress define President Donald Trump's agreement
00:29with the Internal Revenue Service IRS.
00:32This agreement will reportedly grant tax audit immunity to both, the president and his entire
00:39family, both retroactively and moving forward, in addition to creating a multi-million dollar
00:46compensation fund for alleged damages suffered by those who attacked the Capitol on January
00:546th, 2021.
00:55As working families shorten their grocery lists, as they struggle to make ends meet,
01:01Donald Trump has added a nearly two billion dollar slush fund for his MAGA allies and January
01:086th insurrectionists to his wish list of pet projects he wants to fund with taxpayer dollars.
01:15Of all the corrupt things Donald Trump has done, this MAGA slush fund at the Department of Justice
01:21Justice is one of the most depraved.
01:23However, according to analysts, the origin of the initial lawsuit appears even more shady.
01:31The origins of this case start with the fact that years ago, under Trump's previous administration, there was a leak
01:39of his tax statements, his tax returns, that he did not want to voluntarily divulge, which every other president in
01:47the history of the United States has divulged voluntarily.
01:50Yet he didn't want to do that, but somebody leaked it.
01:53So fast forward to now, he's saying, OK, I'm going to sue the IRS for $10 billion in compensation for
02:01the damage that the IRS did for having leaked this information.
02:06And President Trump refused to make his tax return public precisely because of the alleged fraud that Americans were about
02:15to discover.
02:16While a working-class American earning an annual salary of $60,000 is required to pay approximately $6,000 in
02:26federal taxes, the billionaire President Donald Trump paid only $750 in taxes during the 2016 and 2017 fiscal years.
02:38However, as someone well-trained in legal loopholes, Trump knew that in this particular lawsuit, time was working against him.
02:48Since this case was nearing the next court date in which it was already known that his case was extremely
02:56weak because it is an absurd case in which he is suing himself, basically.
03:01He is suing the IRS, which he controls, who is defended by the Department of Justice, and so he controls
03:10both sides.
03:11It is completely self-dealing and absurd and alarming corruption.
03:17Since he knew that the judge was going to rule against him, he decided to cut a deal and settle
03:24this case with the Department of Justice.
03:26He is signing a contract with himself to use these funds for illicit purposes.
03:32Can you believe it, America?
03:33How low can we go with this president?
03:36Apparently, not low enough.
03:39For regarding the famous White House ballroom, the one that Trump claimed would be funded by private donors,
03:45the president is now asking Congress for over a billion dollars for its construction.
03:52Meanwhile, for many, the current physical condition of the White House serves as a vibrant reflection of the economic and
04:01social state
04:01in which the United States finds itself under this administration.
04:07Pablo Daniel Joe and Henry Camelo, Telesur, New York.
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