Trump Floats Tax Hike on the Rich to Fund Spending Cuts, New Economic Plan
In a surprising shift, Donald Trump is considering raising taxes on the wealthy to fund his sweeping tax overhaul and budget cuts. The plan reportedly includes major reductions in government spending while offsetting costs with increased revenue from high-income earners. Critics question the policy reversal, while allies say it’s a pragmatic pivot to win broader support ahead of the 2024 election.
#Trump #TaxPlan #WealthTax #Economy #BudgetCuts #Election2024 #BETTRNews
Full article:
https://amp.cnn.com/cnn/2025/05/09/politics/trump-tax-wealthy-house-republicans
In a surprising shift, Donald Trump is considering raising taxes on the wealthy to fund his sweeping tax overhaul and budget cuts. The plan reportedly includes major reductions in government spending while offsetting costs with increased revenue from high-income earners. Critics question the policy reversal, while allies say it’s a pragmatic pivot to win broader support ahead of the 2024 election.
#Trump #TaxPlan #WealthTax #Economy #BudgetCuts #Election2024 #BETTRNews
Full article:
https://amp.cnn.com/cnn/2025/05/09/politics/trump-tax-wealthy-house-republicans
💰 Trump Floats Tax Hike on the Rich to Fund Spending Cuts, New Economic Plan
In a surprising shift, Donald Trump is considering raising taxes on the wealthy to fund his sweeping tax overhaul and budget cuts. The plan reportedly includes major reductions in government spending while offsetting costs with increased revenue from high-income earners. Critics question the policy reversal, while allies say it’s a pragmatic pivot to win broader support ahead of the 2024 election.
#Trump #TaxPlan #WealthTax #Economy #BudgetCuts #Election2024 #BETTRNews
🔗 Full article:
https://amp.cnn.com/cnn/2025/05/09/politics/trump-tax-wealthy-house-republicans
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