No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Sunday, August 9, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Greedy Gavin Newsom Goes After Trump’s Anti-Weaponization Fund

by TheAdviserMagazine
2 months ago
in Business
Reading Time: 3 mins read
A A
Greedy Gavin Newsom Goes After Trump’s Anti-Weaponization Fund
Share on FacebookShare on TwitterShare on LInkedIn


Anyone who says Trump Derangement Syndrome doesn’t exist hasn’t bothered to remove their blinders. It’s a real thing that has people acting out against a person instead of a policy or belief. Unfortunately, this madness seems to be prevalent in our elected officials, influencing their decisions that affect their constituents. California Governor Gavin Newsom is one such example. The Golden State Democrat recently vowed to tax people who receive a portion of the president’s anti-weaponization fund by 100%.

Newsom to Penalize Citizens

Just how popular Gavin Newsom is depends on who you ask. He has his fans, sure – but he has also been criticized over everything from homelessness and crime to the high-speed railroad that has yet to manifest and fraud in the state. Now, his most recent idea likely stems from his extreme dislike of President Donald Trump. And it will likely only hurt the citizens of his state.

The Department of Justice announced the creation of a $1.776 billion Anti-Weaponization Fund as part of a settlement agreement in Trump’s lawsuit against the IRS over the leak of his tax returns. According to the DOJ, the fund would create a process for hearing claims from people who believe they were victims of government “weaponization” or “lawfare.” This includes those prosecuted for the January 6, 2021, Capitol riot, insurrection, demonstration, or whatever you wish to label it. This is where Newsom took issue.

“One thing that I think we’re going to try to do, with your support, is tax 100% anyone from California that receives any of those funds,” Newsom said during a news conference in his office. “And that’s an action the state of California can take. It’s an action we look forward to taking.”

When Acting Attorney General Todd Blanche was asked by CNN whether the rioters would get the money, he responded: “People that hurt police get money all the time.” He added it would be “abhorrent to ever, ever touch a law enforcement officer” and said it as “a completely different question with whether an individual is allowed to apply for a claim” and “whether they’ll get a claim.”

Newsom is not the only one seeking ways to thwart the anti-weaponization fund. New York State Assembly member Alex Bores, a Democrat who is now running for Congress, posted on social media that he’s introduced a bill, the Anti-Insurrectionist Act, which he boasted would prevent President Trump from using “your tax dollars” to pay out to those involved at the Capitol riot.

“It’s simple: If you’re a New Yorker who takes from Trump’s illegal January 6th slush fund, NY will tax 100% of it,” Bores posted on X.

Justice Department spokesperson Natalie Baldassarre told The Hill in an email that these governors should be more concerned about their states and the problems there. “Instead of flaunting their love of lawfare and taxing constituents into oblivion, Governors [Kathy] Hochul and Newsom should focus on preventing more of their residents from fleeing in droves to free states with lower taxes, less crime, and governments that actually serve the people they represent.”

More California Chaos

California is the only state that has not repaid its COVID federal unemployment loan. As Republican Senator Suzette Martinez Valladares said on her website, “Rather than using a historic $98 billion budget surplus in 2022 to address the debt, the majority party chose to spend the money elsewhere, leaving California employers to foot the bill through automatic federal payroll tax increases.”

The senator introduced amendments to resolve the $20 billion federal unemployment insurance debt that would have the state’s capitol responsible for paying back the obligation, but it didn’t pass. Instead, the liability will be given to businesses with a 250% increase in their employee payroll tax – per employee.

“Sacramento broke it, and Sacramento should pay for it, not California businesses and workers,” she said. “Sacramento allowed tens of billions in fraudulent unemployment claims to go out the door, failed to repay what it owed, and then turned around and stuck employers with a tax hike.”

Political leaders are elected to serve the people of their states, not use government power to punish citizens over political disagreements. Promising to tax Californians at 100% simply because they receive money from a fund tied to Donald Trump sounds less like leadership and more like political retaliation. At a time when Californians are already burdened with high taxes, rising crime, homelessness, and businesses leaving the state, many residents would likely prefer their governor focus on fixing California’s growing problems instead of fighting ideological battles with Trump supporters.



Source link

Tags: AntiWeaponizationfundGavingreedyNewsomTrumps
ShareTweetShare
Previous Post

Get Your Free June Rothbard Giveaway Keynes the Man!

Next Post

8 Rules That Helped Me Make $8 Million

Related Posts

edit post
Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

by TheAdviserMagazine
August 8, 2026
0

Staying at one company for decades was once a badge of honor. But as layoffs have become more common and...

edit post
Wisconsin: The Next Frontier for Socialists

Wisconsin: The Next Frontier for Socialists

by TheAdviserMagazine
August 8, 2026
0

First, they won in New York. Then they took Maine, Colorado, and Michigan. And now, the next battleground for the...

edit post
Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

by TheAdviserMagazine
August 8, 2026
0

Asia's oldest exchange, BSE, traded far fewer derivatives contracts in the first week following the implementation of the Closing Auction...

edit post
F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

by TheAdviserMagazine
August 8, 2026
0

The Indian stock markets closed in the red, with the newly-launched closing auction session continuing to create a divergence among...

edit post
Trump tries again to fire Fed governor Lisa Cook, renewing battle over central bank independence

Trump tries again to fire Fed governor Lisa Cook, renewing battle over central bank independence

by TheAdviserMagazine
August 7, 2026
0

The Trump administration is moving ahead with its efforts to fire Federal Reserve governor Lisa Cook, two months after the...

edit post
Meet the 82-year-old Kentucky grandma who turned down M to turn her farm into a data center

Meet the 82-year-old Kentucky grandma who turned down $26M to turn her farm into a data center

by TheAdviserMagazine
August 7, 2026
0

Ida Huddleston has lived on the same stretch of farmland outside Maysville, Ky., since she was 16. She and her...

Next Post
edit post
8 Rules That Helped Me Make  Million

8 Rules That Helped Me Make $8 Million

edit post
The elderly and injured are using robots as home care support to help them get around their home

The elderly and injured are using robots as home care support to help them get around their home

  • Trending
  • Comments
  • Latest
edit post
Georgia Senior SNAP and Meal Resources Older Adults Can Use

Georgia Senior SNAP and Meal Resources Older Adults Can Use

July 24, 2026
edit post
New Jersey Tax-Relief Events: Three July Dates Near Seniors

New Jersey Tax-Relief Events: Three July Dates Near Seniors

July 13, 2026
edit post
Judge Who Helped Violent Illegal Alien Evade ICE Faces New Test

Judge Who Helped Violent Illegal Alien Evade ICE Faces New Test

July 31, 2026
edit post
2 judges suspended in separate cases after being indicted on criminal charges

2 judges suspended in separate cases after being indicted on criminal charges

July 9, 2026
edit post
Driving the Noncitizen Voting Scandal: Registration With License

Driving the Noncitizen Voting Scandal: Registration With License

July 26, 2026
edit post
Garbage Trucks Surveillance Florida Neighborhoods

Garbage Trucks Surveillance Florida Neighborhoods

July 29, 2026
edit post
Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

0
edit post
E.W. Scripps Q2 2026 Loss Widens to -.68/Share, Revenue Down 9%

E.W. Scripps Q2 2026 Loss Widens to -$12.68/Share, Revenue Down 9%

0
edit post
Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

0
edit post
Four AI Escapes Just Redefined “Responsible AI”

Four AI Escapes Just Redefined “Responsible AI”

0
edit post
Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

0
edit post
Kalshi Predicts Bitcoin Price Could Reach K in August

Kalshi Predicts Bitcoin Price Could Reach $68K in August

0
edit post
Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

August 8, 2026
edit post
Links 8/8/2026 | naked capitalism

Links 8/8/2026 | naked capitalism

August 8, 2026
edit post
Wisconsin: The Next Frontier for Socialists

Wisconsin: The Next Frontier for Socialists

August 8, 2026
edit post
Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

August 8, 2026
edit post
Why You Should Be Wary of Aspartame, but Not Totally Rule It Out

Why You Should Be Wary of Aspartame, but Not Totally Rule It Out

August 8, 2026
edit post
Kalshi Predicts Bitcoin Price Could Reach K in August

Kalshi Predicts Bitcoin Price Could Reach $68K in August

August 8, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together
  • Links 8/8/2026 | naked capitalism
  • Wisconsin: The Next Frontier for Socialists
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.