Newsom to Tax January 6th Rioter Payments at 100 Percent
"Anyone from California receives any of those funds, we want to tax 100% of those proceeds. And that's an action the state of California can take. It's an action we look forward to taking."
About this episode
On this episode of Radiant Moderates, hosts Scott Galloway and Jessica Tarlov dissect the mounting political and economic crises facing the Trump administration, with particular focus on the stalled Iran negotiations, corruption scandals, and state-level Democratic resistance. The episode opens with analysis of Trump's deteriorating negotiating position with Iran, as inflation hits 3.8 percent and consumer pessimism reaches 73-year highs. Galloway argues Trump is a 'cornered rat' who squandered Biden's economic fundamentals with tariffs and war, while Tarlov speculates he may blame advisors like Pete Hegseth to save face. The conversation shifts to California Governor Gavin Newsom's plan to tax January 6th rioter payments at 100 percent, which Galloway calls 'brilliant' for distilling public disgust into digestible policy. The hosts extensively discuss Texas Senate candidate James Talarico's explosive accusation that Ken Paxton gave 'Epstein-style sweetheart deals to pedophiles,' releasing an admitted child rapist after less than a month. They analyze Talarico's strong debate skills and 'People versus Ken Paxton' framing as potentially game-changing in forcing Republicans to spend $50-100 million defending the seat. The episode also covers damaging revelations from Jill Biden's book tour, where she admitted fearing her husband was having a stroke during the 2024 debate, and Joe Biden's lawsuit to block audio from the Hur classified documents probe. Galloway and Tarlov debate whether the DOJ's criminal investigation of E. Jean Carroll represents a dangerous weaponization of justice. The episode concludes with a contentious exchange about the UFC octagon being constructed on the White House South Lawn, with Galloway arguing it's 'brilliant' political messaging about masculinity while Tarlov calls it 'gross' and damaging to America's image.
Key takeaways
- Jill Biden revealed she feared her husband was having a stroke during the 2024 debate but still urged him to stay in the race.
- James Talarico accused Ken Paxton of releasing admitted child rapist Adam Hoffman after less than a month when he should have served 25 years to life.
- Gavin Newsom announced California will tax at 100 percent any January 6th rioter payments to state residents.
- Joe Biden is suing the DOJ to block release of audio recordings from the Hur classified documents investigation sought by Heritage Foundation.
- The DOJ launched a criminal investigation into E Jean Carroll, who won civil judgments against Trump for sexual abuse and defamation.
- Trump's Iran negotiations are failing as inflation hits 3.8 percent and consumer pessimism reaches 73-year highs, weakening his position.
- Galloway argued the UFC octagon on the White House lawn is brilliant political messaging about masculinity that appeals to young male voters who feel Democrats have feminized politics.