2025-05-09T15: 06: 40z
- Trump said on Friday that the GOP “should probably not” increase taxes on the rich.
- He argued that if they did, the Democrats would use it against them.
- Democrats have long supported the increase in taxes on the rich.
President Donald Trump says that he would go well to increase taxes on rich people like him, but he still warns his party not to do it.
Friday morning, in a social article of truth, Trump said that the Republicans “should probably not” increase taxes on the rich, but said that it was “ok if they do it !!!”
Trump’s missive occurred one day after several points of sale indicated that he had urged the chamber president, Mike Johnson, to create a new tax bracket for those who earned more than $ 2.5 million per year, increasing the rate they pay by 37% to 39.6%.
The Republicans of Capitol Hill are currently working on a bill which will include changes to the tax code and discount of public spending.
Trump suggested that Democrats would try to make the Republicans politically pay politically for the rich, despite the fact that Democrats generally supported growing taxes on the rich.
The president referred to the commitment of President George HW Bush in 1988 not to increase taxes, which he finally broke out during a budgetary negotiation with the Congress in 1990.
“The radical of democratic lunatic that left the howls shouting:” Reading my lips “, the legendary quote from George Bush the elder who would have cost him the election,” said Trump, adding: “No, Ross Perot cost him the election!”
businessinsider
