California Governor Newsom Proposes 100% Tax on Trump's $1.8 Billion Fund Recipients
Newsom vows to levy 100% tax on California recipients of Trump's $1.8-billion 'slush fund'
Image: Los Angeles Times
California Governor Gavin Newsom plans to impose a 100% tax on funds received by Californians from President Trump's $1.8 billion 'anti-weaponization' fund. This proposal aims to counteract perceived political favoritism and may face legal challenges.
- 01Governor Gavin Newsom announced plans to tax 100% of funds from Trump's $1.776 billion compensation fund for political allies.
- 02The fund is intended for individuals claiming victimization by the Biden administration, drawing criticism from both parties.
- 03Newsom's proposal requires action from the California Legislature and may encounter legal hurdles.
- 04He also signed Senate Bill 73 to prevent election interference, responding to concerns over threats to election integrity.
- 05Newsom anticipates further election interference from Trump, citing previous incidents of intimidation.
Advertisement
In-Article Ad
California Governor Gavin Newsom has proposed a 100% tax on any funds received by Californians from President Trump's newly established $1.776 billion 'anti-weaponization' fund, aimed at compensating individuals who claim to have suffered under the Biden administration. Newsom stated, 'Anyone from California that receives any of those funds, we want to tax 100% of those proceeds,' emphasizing that this action can be taken by the state. However, the implementation of this tax would require approval from the Democratic-led California Legislature and could face legal challenges. This announcement coincided with the signing of Senate Bill 73, which aims to prevent election interference by restricting law enforcement from interfering with election officials. Newsom expressed concerns over potential intimidation tactics from Trump and his supporters during the upcoming elections, indicating a proactive stance against such actions.
Advertisement
In-Article Ad
If implemented, the proposed tax could significantly affect individuals receiving funds from Trump's program, potentially discouraging participation.
Advertisement
In-Article Ad
Reader Poll
What do you think about the proposed tax on Trump's fund?
Connecting to poll...
Read the original article
Visit the source for the complete story.