Newsom backs 100% tax on DOJ settlement payouts to Californians

1 min read
Source: Politico
TL;DR Summary

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.

Share this article

Reading Insights

Total Reads

0

Unique Readers

29

Time Saved

6 min

vs 6 min read

Condensed

94%

1,19076 words

Want the full story? Read the original article

Read on Politico