May 9, 2025 10:13 pm
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Trump Urges Congress to Raise Taxes on the Wealthy in New Budget Bill

President Donald Trump has called on congressional Republicans to raise taxes on the nation’s wealthiest individuals as part of his upcoming budget legislation. This unexpected move has shaken the GOP’s traditional economic stance and introduced complications in advancing Trump’s broader campaign agenda.

In recent discussions with House Speaker Mike Johnson (R-La.), Trump reportedly advocated for increasing taxes on top earners, according to sources familiar with the matter. These sources spoke anonymously as they were not authorized to comment publicly.

This development comes as Congress debates whether to extend key provisions of Trump’s 2017 Tax Cuts and Jobs Act, which are set to expire at the end of the year. Trump’s latest position could put him at odds with Republican lawmakers, many of whom are focused on maintaining low tax rates.

Public reaction to Trump’s proposal has been largely skeptical, with many questioning whether the plan aligns with his past policies or is a political maneuver ahead of the election.

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