“We Want To Tax 100% Of Those Proceeds” — Newsom Floats Action Over ‘Slush Fund’

“We Want To Tax 100% Of Those Proceeds” — Newsom Floats Action Over ‘Slush Fund’ California Governor Gavin Newsom is drawing attention after addressing questions about what he described as a “slush fund” and whether California could take action against proceeds tied to it. When asked if he planned to act, Newsom responded that California could pursue a 100% tax on any recipients within the state, saying, “Anyone from California that receives any of those funds, we want to tax 100% of those proceeds. And that's an action the State of California can take.” The remarks have already sparked debate over state taxation powers, political accountability, and whether California should use tax policy as a tool to respond to controversial funding streams. The proposal and Newsom’s comments are now generating reactions across political circles as questions continue over what actions, if any, may follow. #GavinNewsom #California #Politics #TaxPolicy #Newsom #CaliforniaPolitics #BreakingNews #Government #Taxes #PoliticalNews #USA #Trending #StatePolitics #NewsUpdate #ViralNews