President Donald Trump told the Republican in the House of Representatives to raise taxes on the richest Americans as part of the sprawling budget bill, according to what he said. New York Times and Washington PostWho cited people familiar with Trump’s position.
Why do it matter
Trump’s order is contrary to a flagrant contradiction with the main republican position on taxes, which generally prefers the richest tax cuts of the Americans – and also represents a reflection on the president’s position only weeks.
It can also increase the already weak negotiations surrounding the proposal of the Republican Party’s budget, which works as Parliament Speaker Mike Johnson on the shepherd during the lower room.
In addition to extending the tax cuts law and the functions of Trump in the law in 2017, Republicans are also trying to integrate the promises of Trump’s campaign in this measure, including eliminating taxes on advice and increasing funding for border security.
The proposal, as at the present time, faces unanimous opposition from Democrats in Congress.
Francis Chung/Politico via AP photos
What do you know
the Times I reported that Trump wants people who achieve more than $ 2.5 million annually to face an income tax of 39.6 percent. The highest current income tax rate of 37 percent applies to those who get more than $ 626,350 a year and marry couples who make more than $ 7,51600 a year.
If implemented, the Trump plan will respond to one of the tax cuts that came into effect as a result of the tax cuts and jobs law.
Trump Johnson ordered the inclusion of the tax height in the “big and beautiful bill” during a phone call on Wednesday, Times I mentioned. The president’s move comes weeks after he spoke publicly against raising taxes on millionaires.
“I think it will be very necessary because many millionaires will leave the country,” he told reporters at the Oval Office last month. “On the old days, they left the states, they were going from one state to another. Now with the transfer quickly and very and easy, they leave the two countries.”
What people say
Bodcast host and former strategy Steve Bannon recently published on the social networking site Gettr: “The big story in Wapo talks about how Ross Great, Scott Payett, and others including JD Vance, are only working to work on the ability to increase taxes, if not the upper arc, those who make a million or more than 40 %.
“Something we have supported and worked for many years here because it is the right thing to do. The working class and the middle class need additional tax relief, and this is the way to get it.”
Johnson previously formed taxes on millionaires, and told Fox News last month: “I am not a great admirer to do so. We, the Republican Party, and we are to reduce taxes for everyone – this is a general principle that we always try to adhere to. There is a lot of discussion, and a lot of ideas on the hill. People have different ideas and theories about how to solve this ideal equation to accomplish all this. But I will not put any money on any money yet.”
The Senator, the Republican Party, Josh Houli, from Missouri, said he was not opposing long -distance taxes on the wealthy, but he said mail The Republicans will not support the plan: “Safar, most likely,” said when asked about their number he would support it. “Maybe one or two.”
What happens after that
Republicans in the House of Representatives continue their negotiations on the suggestion of a overwhelming budget.
According to the non -party group committee on the responsible federal budget, it is estimated that the provisions of the Trump agenda and the priorities of the Republican Party in the draft law are estimated at more than $ 11 trillion over the next ten years, which Republicans are working to compensate by reducing spending in other areas.
Democrats have warned that some of these cuts could affect Medicaid, although Trump publicly pledged not to touch the critical program, which serves more than 70 million Americans.
Update 5/8/25 9:29 PM ET: This story was updated with additional and context information.