President Donald Trump’s “love” for “the concept” of a millionaires’ tax increase is not shared by many conservatives and business groups.
In an interview with Time released Friday, Trump was asked whether he supported the idea of raising taxes on millionaires.
After discussing potential political effects of such an initiative, Trump added: “I’d be raising them on wealthy to take care of middle class. And that’s— I love, that. I actually love the concept, but I don’t want it to be used against me politically, because I’ve seen people lose elections for less, especially with the fake news.”
Read more at Newsmax© 2025 Newsmax. All rights reserved.