Republicans Debate Hiking Top Tax Rate to 40% for Millionaires
10 Articles
10 Articles
Senate Republicans Considering Higher Taxes on Rich to Pay for ‘No Tax on Tips’
WASHINGTON—Members of the Senate Republican Conference have told The Epoch Times that they are considering a proposal to increase taxes on wealthy individuals to deliver on one of President Donald Trump’s popular campaign promises: “No tax on tips.” During his 2024 presidential campaign, Trump repeated the phrase multiple times to win the support of service industry workers, particularly in battleground states such as Nevada, whose income, apart…
‘Are they crazy?’: Stephen Moore lights into GOP reps who suggested ‘millionaire tax’
Republicans Debate Hiking Top Tax Rate to 40% for Millionaires
Republicans are weighing the creation of a new bracket for those earning $1 million or more to offset some of the costs of their tax bill, a stark departure from decades of GOP opposition to tax increases, according to people familiar with the matter.
Coverage Details
Bias Distribution
- 57% of the sources lean Right
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage