Billionaire Ken Griffin Sues the IRS After His Tax Records Were Disclosed

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Billionaire Ken Griffin Sues the IRS After His Tax Records Were Disclosed
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Billionaire Ken Griffin has sued the IRS and the Treasury Department over the “unlawful disclosure” of his tax information.

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He said that in or after 2019,"IRS personnel exploited the IRS's willful failure to establish adequate administrative, technical, and physical safeguards for the IRS's data and records systems to misappropriate confidential tax return information for the highest earning U.S. taxpayers, including Mr. Griffin, and then unlawfully disclosed those materials to ProPublica for publication."The leaked tax returns sparked an uproar in Washington, which continues to escalate.

Republican members of the House Ways and Means Committee in October sent a letter to Treasury Secretary Janet Yellen saying"the American people remain in the dark about who was responsible and how the Treasury Department allowed this to happen." Republicans have also highlighted the leak in their opposition to the $80 billion in additional IRS funding passed by the Democrats this summer.according to OpenSecrets, spending $60 million on federal elections.

People close to Griffin said he's taking on the IRS to protect Americans' privacy and to make sure similar leaks don't happen to others in the future. "IRS employees deliberately stole the confidential tax returns of several hundred successful American business leaders," Griffin said in a statement."It is unacceptable that government officials have failed to thoroughly investigate this unlawful theft of confidential and personal information. Americans expect our government to uphold the laws of our nation when it comes to our private and personal information – whether it be tax returns or health care records.

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