Some Republicans are considering raising taxes on wealthy Americans to balance the budget. Traditionally against tax increases, this idea is gaining traction in the White House and GOP leadership. Axios revealed this potential shift, quoting a source concerned about the adverse effects of favoring the rich. Some propose using increased taxes to eliminate taxes on tips, aligning with a Trump campaign promise. Although GOP leaders remain cautious, Senate Majority Leader John Thune acknowledges it as a possible option among many. Unconfirmed reports also suggest Trump is open to the idea, following discussions with Sen. Lindsey Graham.
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