Trump Proposes Higher Taxes on Wealthy Americans
In a bold move, Donald Trump is reviving discussions around increasing taxes for wealthy individuals earning $2.5 million or more annually. Trump has reportedly urged House Speaker Mike Johnson to consider a new tax bracket for high earners, as part of a larger legislative effort. Despite pushback from some Republican factions and former Vice President Mike Pence, who opposes raising taxes on the rich, Trump remains focused on this strategy. His proposal is seen as potentially complicating ongoing tax discussions among GOP members, who have mixed reactions to the idea of a millionaire tax hike.
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