WASHINGTON, DC – Treasury Secretary Steven Mnuchin announced Friday that the IRS is extending the federal income tax filing deadline for the President from April 15th until July 15, 2050 as part of a growing effort to stem the financial pain from the Coronavirus pandemic.
The extension provides the President three extra decades to file his 2019 tax returns without incurring interest, penalties, or political backlash. Mnuchin tweeted that the extension came at the President’s direction.
“All taxpayers and businesses will have three additional months to file and make payments without interest or penalties,” he wrote. “However, @realDonaldTrump has a ‘yuge’ amount of money that will take a lot of time to count.”
Mnuchin also said the filing delay could boost the economy by allowing the Trump family to spend money that would have gone to the IRS for other needs during the economic emergency, such as golf outings, Big Macs, and hiring expensive lawyers to extend his filing deadline even further.
The IRS did not immediately return a call for comment from the Takoma Torch. It is not clear if the filing extension will include the deadline for funding Mar-a-Lago with taxpayer money for the 2019 tax year.