Newsom proposes 100% tax on Trump DOJ payouts
Governor Gavin Newsom stated he will impose a 100 percent tax on California residents who receive payments from the Trump administration DOJ anti-weaponization fund. The proposal targets any such fut…
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AFBytes briefing
Residents receiving any future federal settlement payments would face full state taxation, directly affecting household net income in California.
What to watch next
- Monitor the California legislature for any bill text or hearing date on the proposed tax measure.