Trump's shocking shift: Could higher taxes on the rich Be the key to his tax bill?
- Posted on May 9, 2025
- By Business News Today
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Trump's shocking shift: Could higher taxes on the rich Be the key to his tax bill?

President Trump said he could accept higher taxes on the rich – a reversal from his previous opposition – as his fellow Republicans in Congress grapple with broader tax-cut legislation. He cautioned fellow Republican in Congress of the political consequences if they raise taxes on the wealthiest Americans, but added that he would be "OK" if they do increase to top tax rate.