Anonymous wrote:King flip-flopper
Anonymous wrote:Dude Trump read your post and responded directly to OP -
"The problem with even a “TINY” tax increase for the RICH, which I and all others would graciously accept in order to help the lower and middle income workers, is that the Radical Left Democrat Lunatics would go around screaming,“Read my lips,” the fabled Quote by George Bush the Elder that is said to have cost him the Election. NO, Ross Perot cost him the Election! In any event, Republicans should probably not do it, but I’m OK if they do!!!"
Anonymous wrote:Dude Trump read your post and responded directly to OP -
"The problem with even a “TINY” tax increase for the RICH, which I and all others would graciously accept in order to help the lower and middle income workers, is that the Radical Left Democrat Lunatics would go around screaming,“Read my lips,” the fabled Quote by George Bush the Elder that is said to have cost him the Election. NO, Ross Perot cost him the Election! In any event, Republicans should probably not do it, but I’m OK if they do!!!"
still sorting through a number of thorny issues, such as how to raise the cap on the state and local tax deduction, or SALT.
President Donald Trump privately pressed Speaker Mike Johnson, R-La., during a phone call on Wednesday to add two additional proposals to the massive package for his agenda: raising the tax rate on the highest earners and closing the so-called carried interest loophole, according to a Republican leadership source as well as two other GOP sources familiar with the call.
The other GOP source familiar told NBC News that Trump is considering allowing the rate on individuals making $2.5 million or more annually to revert from 37% to the pre-2017 39.6% as a way to help pay for middle and working class tax cuts and protect Medicaid.
While Republicans have previously floated the idea of allowing tax rates to go up on top earners when major parts of the 2017 tax law expire at the end of this year, GOP leaders have been resistant to a tax hike on the wealthy, traditionally anathema within the party.
Trump also shot down the idea of increasing taxes on millionaires last month, saying it would be "disruptive."