Trump and Speaker Mike Johnson shoot down millionaire tax hike

Washington-President Donald Trump and Parliament Speaker Mike Johnson, R. La. That some Republicans looked To pay for the huge party line bill.
“I think it will be very troubled, because many millionaires will leave the country,” Trump told reporters at the Oval Office when asked about the proposal on Wednesday. “On the old days, they left the states. They go from one state to another. Now with transportation quickly and easy, they leave the two countries.”
“You will lose a lot of money if you do it,” the president added. “Other countries have done this that have lost many people. They lose their wealthy people. This will be bad, because the wealthy pay the tax.”
The tax rate on the highest papers was automatically increased from 37 % to 39.6 % at the end of this year when the main parts of Trump’s tax cuts end from 2017. Some Republican lawmakers said They are open to allowing the highest prices to increase As a way to reduce the impact of the deficit on their agenda, which includes tax exemptions and increased spending on migration and army enforcement.
Johnson also threw cold water on the possibility of taxes on Americans who get more than a million dollars annually.
“I don’t expect it,” Johnson said in Fox News. “We have worked against this idea.” “I do not support raising tax rates because our party is the group that stands against it traditionally. So there are many ideas that were put on the table along this process during the past year, but I only tell everyone, just wait and see.”
“I don’t think we are raising taxes on anyone,” he added. “What we are trying to do is prevent the biggest tax increase in the history of the United States.”
The idea of a high rate of tax on the table was put in place by senior Republicans as part of a list of options to prevent a huge increase in deficit as a result of a draft law to pass the Trump legislative agenda, which is expected to cost trillion dollars. Others say that high prices will help achieve Trump’s other priorities, such as advice taxes.
Rejection of the idea is likely to increase the complexity of the task of drafting the legislation in a way that is not affected by debt. Trump’s 2017 tax law is expected to cost $ 4.6 trillion alone, and Republicans are also pressing hundreds of billions of dollars in new spending.
Representative Chip Roy, R-TEXAS, NBC News told an interview that it is open to any policies that prevent a new deficit, including allowing higher tax rates. He said that the expected savings are about 300 billion dollars if the highest rate dates back to 39.6 %, and that if the Republicans keep the low rate, they need to compensate it with significant spending discounts.
“From an ethical point of view, I think taxes should be less for everyone in all fields. We do not need to impose taxes on the American people as much as we are.” “However, I also need mathematics to add up.”
The internal Republican Party’s discussion was fed through the party’s alliance. In the last elections, the voters in the college and the wealthy turned towards the Democrats, while the Republicans have made gains between the voters from the working class without university degrees.
However, the reduction of taxes, including the richest Americans, has long been a column for the republican platform. Many legislators and external allies want to keep it in this way.
A Pew Research Center poll Last month, 58 % of American adults said that taxes should rise on families of more than $ 400,000 a year, including 43 % of Republicans.
Democrats have flowed on the tax extensions of the higher papers as part of their issue against Trump’s agenda legislation, which Republicans are following on a party.
“Why did the Republicans not in the House of Representatives do one thing to reduce the high cost of living in America?” The leader of the minority in the House of Representatives, Hakim Jeffrez, DN.Y. , He wrote during the weekend on x. “Extremists are very busy trying to get rid of your health care and reduce taxes on wealthy donors.”