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Trump Signals Openness to Tax Hikes on High Earners in GOP Discussions

In a private meeting, the former president indicated potential support for raising taxes on top earners as Republicans debate extending 2017 tax cuts and financing new measures.

Overview

  • Donald Trump privately told Republican senators he is open to raising tax rates for the highest-earning Americans, according to meeting participants.
  • The proposal could help address Democratic criticisms that GOP tax policies favor the wealthy over working-class voters.
  • Republican lawmakers are exploring ways to extend the 2017 tax cuts while considering offsets, such as a new tax bracket for million-dollar earners.
  • Some GOP members, including Rep. Andy Harris, have expressed conditional support for modest tax increases on high earners to fund initiatives like the child tax credit.
  • Party leaders remain divided, with some focused on avoiding any tax increases and others open to targeted adjustments to address fiscal challenges.

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