Pocan to Introduce the Tax the Grift Act

WASHINGTON, D.C. – Today, U.S. Representative Mark Pocan (WI-02) announced he’ll be introducing the Tax the Grift Act, a bill to tax all payouts from President Trump’s $1.776 billion “Anti-Weaponization Fund” at 100 percent so that all taxpayer funding goes back to the Treasury rather than into the hands of Trump allies.  

“Donald Trump just can’t stop grifting. He’s now using taxpayer dollars to create a $1.776 billion slush fund for his friends who claim they were ‘persecuted’ by Democrats, including January 6th insurrectionists who attacked police officers and tried to overturn an election, with next to no oversight. This bill will claw back every penny. Americans should not be forced to bankroll payouts for people who attacked our democracy or are just friends with Trump.”

Background:

The Justice Department announced on Monday that, as part of a deal to settle Trump’s $10 billion lawsuit against the Internal Revenue Service, a new $1.776 billion “Anti-Weaponization Fund” will be created to allow so-called victims of “political targeting” to petition for financial compensation. This fund is just the latest scheme through which Trump intends to funnel taxpayer dollars to his political allies.