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Trump may raise taxes on wealthy Americans: Report

Mar 30, 2025 | Government, Health, White House

The Trump administration is reportedly considering a tax increase on the wealthiest Americans to balance revenue losses if tips become tax-exempt, fulfilling a campaign promise. According to Axios, this could be part of a larger tax policy discussion in the White House. During campaigns, Trump emphasized cutting taxes on tips and reiterated this in a recent Congress address. The report suggests Trump might align with unexpected allies like Bernie Sanders in a move to ensure fiscal stability, though it contradicts his typical tax-cutting stance.

Tags #Government, #Health, #WhiteHouse

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