Newsom says California will impose 100 percent tax on ‘anti-weaponization fund’ recipients
Newsom said California could tax recipients of Trump’s anti-weaponization fund at 100%, as Democrats seek to block payouts they call a slush fund.
- On Wednesday, California Governor Gavin Newsom announced the state could impose a 100 percent tax on payments distributed from President Donald Trump's controversial "anti-weaponization" fund, aiming to neutralize financial benefits for recipients.
- The Department of Justice established the roughly $1.776 billion fund earlier this month as part of a settlement resolving Trump's $10 billion lawsuit against the Internal Revenue Service over leaked tax records.
- Similar efforts are advancing in New York and New Jersey, while Senate Democrats introduced federal legislation titled the Stop Letting United States Heads Funnel Unauthorized Nontransparent Dollars Act to impose a nationwide 100 percent excise tax.
- Senator Mitch McConnell and other critics labeled the pool a "slush fund," while two U.S. Capitol police officers, Harry Dunn and Daniel Hodges, filed a lawsuit seeking to dissolve it, arguing it finances Capitol attackers.
- Legal experts suggest the competing tax proposals would likely face significant court challenges if enacted, even as Newsom signed Senate Bill 73 to address election integrity concerns ahead of California's primary.
46 Articles
46 Articles
Newsom Pushes Massive Tax on Trump-Linked Payments
California Gov. Gavin Newsom is escalating his fight against President Donald Trump’s newly created Anti-Weaponization Fund by proposing a steep financial penalty for anyone in his state who receives money from it. According to Fox News, while speaking at a Wednesday press conference, Newsom said California is exploring a 100% tax on payments tied to the $1.78 billion fund established through a settlement involving the IRS and the Trump administ…
Newsom’s 100% TAX BLITZ Targets Trump’s Fund…
Gavin Newsom just promised to grab every last dollar of a Trump-era “anti-weaponization” payout that lands in a Californian’s bank account, turning a legal settlement into a bare-knuckle fight over who owns the spoils of political warfare. Story Snapshot Trump’s Justice Department created a $1.776 billion “Anti-Weaponization Fund” to pay people who say the federal...
Newsom vows California will impose 100% tax on Trump's $1.8 billion 'Anti-Weaponization Fund'
Gov. Gavin Newsom said California would impose a 100% tax on Trump administration's $1.8 billion compensation fund to pay those who claim they were targeted by the Biden administration.
NEW: Bessent Dismisses Newsom's Tax Plan With Fiery Remark: 'There’s No Cure For Stupid'
Scott Bessent, the U.S. Treasury Secretary, made waves recently with his pointed critique of California Governor Gavin Newsom’s taxation proposal regarding the newly established anti-weaponization fund. This fund, valued at $1.776 billion, is designed to provide compensation for those asserting they were victims of government overreach, particularly under previous administrations. At the heart of this exchange is the $10 billion lawsuit filed by…
'Imaginative' plan to kill Trump's slush fund gets applause
Few events in President Donald Trump’s second term have prompted as much outrage as the announcement that the DOJ will create a $1.776 billion “anti-weaponization” fund to compensate those “harmed” by the Biden administration, which has been broadly denounced as a “slush fund” for convicted J6 criminals. There has been bipartisan discussion of how to block the fund, and now famed Esquire political commentator Charles P. Pierce is applauding one …
California to Tax Trump's Anti-Weaponization Fund Payments at 100%, Newsom Says
California Gov. Gavin Newsom said Wednesday the state plans to impose a 100% tax on any Californians who receive payments from President Donald Trump’s newly created Anti-Weaponization Fund, a $1.78 billion settlement fund the Trump administration established last week through a lawsuit with the IRS. “Anyone from California that receives any of those funds, we want to tax 100% of those proceeds and that’s an action the state of California can ta…
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