US EditionHigher taxes on millionaires? Trump says he’s open, but many in his party are not
- Donald Trump has expressed support for higher taxes on wealthy Americans, stating he’d 'love' a small increase but fears a political backlash from Democrats.
- House Speaker Mike Johnson stated, 'I don’t think we’re raising taxes on anybody,' reinforcing opposition within the Republican Party.
- Trump criticized a tax hike as 'disruptive,' mentioning that wealthy Americans might leave the country to avoid it.
- In a recent interview, Trump remarked, 'I actually love the concept' of a millionaires' tax but does not want it used against him politically.
23 Articles
23 Articles
Trump Signals Possible Support For Millionaires Tax Amid Election Concerns, Recalls George Bush's Promise: 'He Said Read My Lips And… Lost An Election'
In an interview published Friday, President Donald Trump expressed openness to a tax increase on millionaires, despite previous opposition. He noted that his main concern is the potential impact on his electoral prospects. What Happened: In an interview with Time magazine, Trump referenced former President George H.W. Bush, who lost re-election after breaking a no-tax promise, as a cautionary tale. Trump stated, "I saw Bush where they said, wher…
Steve Bannon: Trump for 2028 reelection will increase tax on wealthy
(NewsNation) — Former White House chief strategist Steve Bannon said Friday that President Donald Trump supports raising taxes on the wealthy while fighting for working-class tax cuts, directly contradicting Republican tax policy priorities. In an interview on NewsNation’s “CUOMO" following a Time magazine profile of Trump, Bannon said Trump favors increasing taxes on Americans earning over $1 million. "In Time magazine, there's a buried lead. H…
Star Tribune
Higher taxes on millionaires? Trump says he’s open, but many in his party are not
Why not tax the millionaires?
The Daily Caller
Conservative ReviewTrump Signals Openness To Tax Increase On Wealthy To ‘Take Care Of Middle Class’
Trump signaled in an interview with TIME Magazine that he is open to a tax increase on the wealthy in an effort to "take care of the middle class."
Associated Press News
Higher taxes on millionaires? Trump says he's open, but many in his party are not
Why not tax the millionaires? That question won't seem to go away as Congress begins drafting a package of tax breaks and spending cuts for President Donald Trump’s “big, beautiful bill."
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