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Trump’s inner circle weighs push for higher taxes on millionaires: Report

  • Rep. Dan Meuser is supporting a proposed tax hike to 40% for Americans making over $1 million, aimed at funding President Donald Trump's campaign promises.
  • President Trump and key aides are open to a plan for increasing taxes on the wealthy, but opinions among Republicans are sharply divided on this issue.
  • Sen. Mike Rounds and Rep. Tom Tiffany are advocating for making Trump's 2017 tax cuts permanent, highlighting a divide among Republicans.
  • While some advisers support tax increases on the wealthy, others, including Newt Gingrich, oppose the plan.
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Bloomberg broke the news in United States on Monday, April 21, 2025.
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