President Donald Trump said on Friday that a tax increase on the highest income earners in the country would be “OK” with him, but warned that the move could be politically damaging to Republicans. Trump made the comment after Punchbowl News reported on Thursday that the president was pushing House Speaker Mike Johnson (R-LA) to …
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President Donald Trump said on Friday that a tax increase on the highest income earners in the country would be “OK” with him, but warned that the move could be politically damaging to Republicans.
Trump made the comment after Punchbowl News reported on Thursday that the president was pushing House Speaker Mike Johnson (R-LA) to include tax increases on the rich in Trump’s “big, beautiful bill.” According to The Hill, which cited three sources, the White House would allow Trump’s marginal income tax cut to expire for the wealthiest Americans while keeping tax breaks for lower income brackets.
