tldrdailynews.com logo

Newsom backs 100% tax on DOJ settlement payouts to Californians

1 min read
Source: Politico
TL;DR

California Gov. Gavin Newsom pledged to tax 100% of any payouts to state residents from the $1.776 billion DOJ 'anti-weaponization' settlement fund, a move echoed by New York and New Jersey Democrats aiming to block the money from crossing state borders. The fund has drawn bipartisan criticism as a 'slush fund,' while Trump defends it as restitution. Newsom also signed a measure to curb federal election interference in California, signaling broader(state-level) countermeasures against the president’s policy.

Topics:nationpolitics#100-percent-tax#anti-weaponization-fund#doj-settlement#newsom#politics#state-legislation
Share this article
  1. Newsom vows 100 percent tax on DOJ ‘Anti-Weaponization Fund’ payouts  Politico
  2. Newsom to impose 100% tax on California payees of Trump’s $1.8bn fund  The Guardian
  3. California to impose 100% tax on Trump's January 6 'slush fund,' governor says  Reuters
  4. Proposed bill would tax New Yorkers who tap ‘anti-weaponization’ fund at 100%  NBC News
  5. A 100% tax on the DOJ's "Anti-Weaponization Fund" payouts? One NYS lawmaker's proposal  WRGB

Want the full story? Read the original reporting

Read on Politico