🚨TRUMP PUSHES GOP TO #TAX THE #RICH IN SURPRISE POLICY PIVOT
Trump urged Speaker Mike Johnson to:
🔹#Raise top tax rate to 39.6% for incomes $2.5M+ (individuals) or $5M+ (couples)
🔹Close carried interest loophole for fund managers
🔹Aims to fund middle-class tax cuts, defense, and Medicaid while extending 2017 tax cuts
🔹Marked reversal from Trump’s prior stance opposing tax hikes on millionaires
🔹GOP House leaders now reassessing options amid budget shortfalls
-Wall street Journal NBC News, May 9, 2025
