Newsom Considers Tax Withholding as Trump Threatens California
Newsom’s suggestion to withhold federal taxes from the federal government is a bold response to Trump’s perceived threats against California. The governor highlighted the significant disparity between the amount California contributes to the federal tax pool and the amount it receives in return, emphasizing a substantial imbalance of approximately $83 billion in 2022. This imbalance underscores California’s financial contribution to the nation, fueling the governor’s consideration of withholding these substantial funds.
This proposed action stems from a growing sentiment amongst Californians who feel their state disproportionately funds other parts of the country. The idea is not merely retaliatory; it reflects a long-standing frustration with the perceived unfairness of the current system.… Continue reading
Matt Underwood