Bessent Blasts Newsom's Stance on DOJ's 'Anti-Weaponization Fund'
Newsom said California will tax 100% of any payouts from Trump’s $1.8 billion fund, which critics call a slush fund for his allies.
- U.S. Treasury Secretary Scott Bessent on Thursday at a White House press briefing sharply dismissed California Governor Gavin Newsom's proposed tax policy, stating plainly to reporters, "There is no cure for stupid."
- The clash erupted after Governor Newsom announced that California would impose a 100% state tax on any resident who accepts payouts from the federal fund, labeling the program a "taxpayer-funded payday" for "people who assault cops and overthrow democracy."
- The $1.776 billion "Anti-Weaponization Fund" was established by the DOJ as part of a settlement resolving President Trump's lawsuit against the IRS over the unlawful leak of his confidential tax records.
- Newsom has emerged as a leading Democratic opponent to the president, frequently criticizing administration policies while asserting that California maintains legal authority to enact the proposed tax on fund payouts.
- Acting Attorney General Todd Blanche will oversee a five-person committee managing fund distributions, a process reflecting the deepening political divide between California and the federal administration over compensation and accountability.
28 Articles
28 Articles
Newsom Wants To Confiscate Government Weaponization Funds
California Gov. Gavin Newsom is now threatening to seize every dollar California residents might receive from President Donald Trump’s new anti-weaponization settlement fund — and he says the state is prepared to do it through a 100 percent tax. Speaking during a May 27 press conference, Newsom blasted the fund as a “slush fund” and vowed California would move aggressively against any payouts received by people living in the state. “Anyone from …
Newsom Vows to Seize Money From Republicans
California’s governor stepped to a podium Wednesday and delivered a blunt promise — any California resident who collects a payment from President Donald Trump’s newly formed Anti-Weaponization Fund will hand the entire amount straight back to the state. Governor Gavin Newsom made the announcement at a Sacramento news conference, offering no ambiguity about what the...
Newsom vows to seize 100 percent of Trump fund money
Newsom Moves to Tax Trump Fund Recipients California Gov. Gavin Newsom is taking aim at President Donald Trump’s new Anti-Weaponization Fund, and he is not being subtle about it. He says anyone in California who gets money from the fund should face a 100% state tax. That puts Newsom on a collision course with Trump supporters while giving critics fresh ammo to point at California’s own spending habits. “Anyone from California that receives any o…
Scott Bessent Just Ended Gavin Newsom’s Entire Argument Over Proposed 100% Tax on Trump Anti-Weaponization Payouts in Five Words * The Gateway Pundit * by Jim Hᴏft
Treasury Secretary Scott Bessent absolutely humiliated California Governor Gavin Newsom on Thursday after the far-left governor floated an outrageous plan to impose a 100% tax on Californians who receive payouts from President Trump’s anti-weaponization compensation fund.
Scott Bessent mocks Gavin Newsom’s tax on Trump’s government weaponization fund with brutal five-word put-down
The feud between Gavin Newsom and Scott Bessent escalated over the California governor's proposed tax on Trump's $1.776 billion fund to compensate victims of federal government weaponization.
Gavin Newsom wants 100% revenge tax on people compensated by Trump weaponization fund
Source link Gov. Gavin Newsom, D-Calif. California Gov. Gavin Newsom said Wednesday he will impose a 100% tax to any payouts that residents receive from President Donald Trump’s $1.776 billion anti-weaponization fund. The governor’s statement comes after Trump dismissed a $10 billion lawsuit against the Internal Revenue Service (IRS) and instead created the anti-weaponization fund to
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