On Friday, Trump expressed ambivalence towards raising taxes on the wealthy while advising the GOP against it. In a Truth Social post, he indicated, 'should probably not' increase taxes but added, 'I'm OK if they do!' His comments followed reports of him urging Speaker Mike Johnson to create a new tax bracket for high earners. Trump highlighted the political risks, recalling George H.W. Bush's broken tax pledge and its potential repercussions, warning that Democrats would capitalize on any Republican tax increase.
Trump warned the GOP against raising taxes on the wealthy, indicating that Democrats would exploit such a move politically, despite his personal willingness to raise taxes.
Referencing George H.W. Bush's broken tax pledge, Trump cautioned the GOP about potential political fallout from hiking taxes on the rich.
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