🚨TRUMP PUSHES GOP TO #TAX THE #RICH IN SURPRISE POLICY PIVOT

Trump urged Speaker Mike Johnson to:

🔹#Raise top tax rate to 39.6% for incomes $2.5M+ (individuals) or $5M+ (couples)

🔹Close carried interest loophole for fund managers

🔹Aims to fund middle-class tax cuts, defense, and Medicaid while extending 2017 tax cuts

🔹Marked reversal from Trump’s prior stance opposing tax hikes on millionaires

🔹GOP House leaders now reassessing options amid budget shortfalls

-Wall street Journal NBC News, May 9, 2025

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