- California Gov. Gavin Newsom says the state will tax 100% of any payments to Californians from the nearly $1.8 billion fund tied to Trump’s IRS settlement.
- Newsom’s office called the fund a “slush fund,” but he hasn’t said when the state would start imposing the tax.
- The settlement fund is already drawing legal challenges and bipartisan criticism over its legality and who it might compensate.
The news, distilled into what matters.
Get the full experience in the app — topics, comments, and audio summaries.