Skip to content

North America Fox News

Trump Defends Raising Taxes on Top Earners as 'Good Politics' Amid Tax Cut Extension

President Trump has defended the idea of raising taxes on the wealthiest Americans, calling it 'good politics,' as Republicans explore ways to extend his 2017 tax cuts.

President Donald Trump has defended the idea of raising taxes on the wealthiest Americans, calling it 'good politics' as Republicans seek to extend his 2017 tax cuts. Some Republican lawmakers have proposed increasing taxes on high-income earners in order to balance the budget and extend tax cuts for lower- and middle-class Americans. However, the plan faces an uncertain fate due to opposition from some conservatives who are skeptical of increasing taxes. Trump's support for the idea suggests that it may be a priority within his party.

Brief written with AI from reporting by Fox News. All rights to the original story belong to the publisher.

Read the original on Fox News
Share