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Republicans debating tax increase for the rich to pay for other tax cuts

  • President Donald Trump is considering a proposal to raise the corporate tax rate to offset trillions in proposed tax cuts, which would break from his 2024 campaign platform.
  • White House Press Secretary Karoline Leavitt confirmed that Trump has not decided if he supports a corporate tax hike to pay for new tax cuts.
  • Republicans are debating increasing taxes on the highest earners to fund proposals like eliminating taxes on tips.
  • Speaker Mike Johnson stated that increasing taxes on wealthiest Americans is a general principle they try to abide by.
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National Review broke the news in United States on Tuesday, April 15, 2025.
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