While the Republicans are looking for avenues to extend the president Donald Trump 2017 Tax reductions, some republican legislators involved in the process have floated the idea that the highest wages in the country could see a tax increase in order to infract reductions for the lower.
For his part, the president sends signals that he tends to agree.
“You know, they will say:” Oh, it’s so terrible. “What you are doing is that you abandon something to make people with intermediate income and lower income tranches save more. increase in taxes On the rich.
“I would love to be able to give people in a lower hook by abandoning part of what I have,” added the president.
Trump’s tax hiking proposal is “the decor
President Donald Trump speaks with journalists as he signs an executive decree in the Oval Blanche office on Friday, May 9, 2025, in Washington. (AP photo / Alex Brandon)
He also noted that this decision is just a “good policy”, rejecting the comparisons that certain political experts have made to a republican term President George HW Bush, whose broken promise to the Republicans that there would be “no new taxes” after his 1988 electoral victory was blamed for the re -election efforts of Bush.
“Reading my lips: no new taxes,” said Bush Sr. during his acceptance speech during the 1988 Republican National Convention. Subsequently, faced with a balloon deficit, Bush Sr. An agreement with Democrats This has increased taxes.
“Many people say, don’t do it because you have Bush’s declaration on” Read my lips “. But he lost because of Ross Perot, he has not lost this statement,” said Trump. “I actually think that it is a good policy to do it where the richer people abandon. And it is a very small – it’s like a point – but they abandon it for the benefit of low -income people.”
Trump pushes tax hikes for the rich as “big and beautiful bill” deadlines are looming
In an article on his social platform Truth earlier Friday, Trump took a slightly more careful tone about the alleged concern that his desire to increase taxes on the highest wages could express him for him as he did for Bush Sr.
He complained that the Democrats would underline it several times in order to discredit him. However, Trump has always argued that the elder president Bush had lost more than his broken tax promises, and added that even if the Republicans should probably not increase taxes on the rich, he would agree with this if they did.
Political experts compared President George HW Bush to President Donald Trump after Trump reported his support for a small tax increase for those at the top. (Pool / Getty Images)
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“The problem with an even” tiny “tax increase for the rich, which I and all the others would gracefully accept in order to help workers with lower and average income, is that the radical Lunatic Democrat who was going to be shouted,” read my lips “, the legendary quotation of George Bush, the elder who would have cost him the elections,” Trump on social truth.
“No, Ross Perot cost him the election! In any case, the Republicans should probably not do it, but I am fine if they do it !!”