While the Justice Department has said it has abandoned plans for Trump’s proposed $1.8 billion “weaponization” fund, some of his allies are shifting focus to a different way to make payouts to his supporters, including those who took part in the January 6, 2021 Capitol riot.
Tag: Tax
U.S. Senate Republicans will have to grapple with the ultimate fate of President Donald Trump’s sidelined $1.8 billion “anti-weaponization” fund on Thursday, in a marathon session before voting on a $70 billion bill to fund an immigration crackdown.
The Confederation of British Industry called on Britain’s government not to treat business as a cash cow or accuse companies of price-gouging as the country expects to struggle with a cost-of-living shock triggered by the Iran war.
The U.S. Justice Department’s agreement with President Donald Trump to bar future audits into his or his family’s past tax records will remain in place even as his weaponization fund has been put on hold, two sources familiar with the matter said on Tuesday.
Retired federal judges filed a motion saying the settlement is fraud and a product of collusion.
They can back the president’s fund to benefit his allies or defy a commander-in-chief who just ended the careers of two Republican senators.
California will impose a 100% tax on payments distributed under the Trump administration’s nearly $1.8 billion fund for victims of alleged political “weaponization,” the state’s Governor Gavin Newsom announced on Wednesday.
New York State Governor Kathy Hochul on Thursday signed a state budget that includes a progressive surcharge on luxury second homes in New York City, a move backed by Mayor Zohran Mamdani and expected to generate $500 million per year for the largest U.S. city.