
Trump OK with Tax Hike on Wealthy
United States President Donald Trump expressed his openness on Friday to the idea of increasing taxes on the wealthy, even as he acknowledged that it’s not the preferred route for Republicans. Posting on Truth Social, Trump commented, "Republicans should probably not do it, but I'm OK if they do!!!"
Trump clarified his stance by stating that while even a minor tax hike for the rich—himself included—would be acceptable if it benefits lower and middle-income workers, it carries political risks. "The problem with even a 'TINY' tax increase for the RICH, which I and all others would graciously accept in order to help the lower and middle income workers, is that the Radical Left Democrat Lunatics would go around screaming, 'Read my lips,' the fabled Quote by George Bush the Elder that is said to have cost him the Election," Trump explained.
Trump further elaborated that he believes former President George H.W. Bush’s loss was less about his tax pledge reversal and more about the impact of Ross Perot’s third-party candidacy. He used the moment to criticize Democratic strategies, suggesting they would use any Republican-led tax increase as political ammunition.
The president’s comments have reignited discussions within the Republican Party about tax policy and its electoral implications, highlighting the balancing act between fiscal conservatism and public sentiment around economic fairness. Observers are now watching to see whether Trump's openness signals a shift in GOP priorities ahead of the next legislative session.