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California enacts 100% tax on Trump fund payments for Jan. 6 Capitol attack figures
๐Ÿ‡ฆ๐Ÿ‡ท Argentina /Economy & Trade

California enacts 100% tax on Trump fund payments for Jan. 6 Capitol attack figures

From La Naciรณn · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • California enacted a law imposing a 100% state tax on payments residents receive from a federal fund established to compensate individuals who claim government overreach.
  • Governor Gavin Newsom stated the measure, effective June 30, aims to prevent state benefits for those convicted in connection with the January 6 Capitol attack.
  • The tax applies to funds from the

California will impose a 100% state tax on payments residents receive from a federal fund created to compensate individuals who claim government overreach, a move championed by Gov. Gavin Newsom.

The new law, SB 122, targets funds distributed from the U.S. Department of Justice's "Anti-Weaponization" fund, which was established to evaluate claims of federal power abuse. Newsom signed the bill into law on June 30, incorporating it into the state budget.

"I just signed a new law that imposes a 100% state tax on any Californian who benefits from the January 6 Trump fund for insurrectionists," Newsom announced on his X account. He emphasized that public resources should not go to those involved in the Capitol attack, stating, "We do not fund criminals."

The 100% tax will be applicable to fiscal years 2026 through 2030. The legislation specifies that the tax cannot be reduced by deductions or tax credits. This means that if a California resident receives compensation from this federal fund, the state will collect the entire amount in taxes.

California aims to neutralize the economic impact of these federal compensations on its residents. Newsom stated, "Donald Trump intends for taxpayers to reward those who attacked police officers and tried to overturn an American election. California rejects the politics of resentment, extremism, and violence."

The "Weaponization fund" was announced by the U.S. Department of Justice with an allocation of $1.776 billion. It emerged as part of an agreement.

No financiamos a criminales.

โ€” Gavin NewsomExplaining the rationale behind the tax.
DistantNews Editorial

Originally published by La Naciรณn in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.