California and New York Consider Taxing Trump's Anti-Weaponization Fund Payouts
California Governor Gavin Newsom announced that the state may impose a 100 percent tax on payments from President Trump's 'anti-weaponization fund.' This fund, established as part of a settlement between Trump and the federal government, aims to compensate individuals who claim harm from government 'weaponization.' The fund has been criticized as a 'slush fund' potentially benefiting Trump allies, including those involved in the January 6 Capitol attack. New York is considering similar measures, with a proposed bill to tax recipients of the fund's payouts. At the federal level, Senate Democrats have introduced legislation to impose a nationwide excise tax on these payments, potentially replacing state-level efforts.