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Newsom signs off on 100% California tax for money from Trump's $1.8-billion 'slush fund'
Key takeaways
- Gavin Newsom has signed off on a 100% state tax on money any Californians receive from Trump’s $1.8-billion “anti-weaponization” fund for his political allies.
- Newsom unveiled his proposal in May, after Trump’s Justice Department said it would create a fund to compensate Trump’s allies who claim they have “suffered weaponization and lawfare” under Biden’s Justice Department.
- The settlement fund was criticized by politicians on both sides of the aisle, including Sen.
Gov. Gavin Newsom on Tuesday signed off on legislation that would levy a 100% California tax on payouts from Trump’s $1.8 billion “Anti-Weaponization” fund. (Damian Dovarganes / Associated Press) By Iris Kwok Staff Writer June 30, 2026 5:46 PM PT 2 3 min Click here to listen to this article Share via Close extra sharing options Email Facebook X Linked In Threads Reddit Whats App Copy Link URL Copied! Print 0:00 0:00 1x This is read by an automated voice. Please report any issues or inconsistencies here.
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Gov. Gavin Newsom has signed off on a 100% state tax on money any Californians receive from Trump’s $1.8-billion “anti-weaponization” fund for his political allies.
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