{"id":2432617,"date":"2025-05-08T18:49:58","date_gmt":"2025-05-08T22:49:58","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-asks-johnson-to-look-at-increasing-tax-rates-for-millionaires-washington-examiner\/"},"modified":"2025-05-08T18:52:02","modified_gmt":"2025-05-08T22:52:02","slug":"trump-asks-johnson-to-look-at-increasing-tax-rates-for-millionaires-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-asks-johnson-to-look-at-increasing-tax-rates-for-millionaires-washington-examiner\/","title":{"rendered":"Trump asks Johnson to look at increasing tax rates for millionaires &#8211; Washington Examiner"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftrump-asks-johnson-to-look-at-increasing-tax-rates-for-millionaires-washington-examiner%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2432617&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Former President Donald trump has requested House Speaker Mike Johnson to consider increasing teh top tax rate for individuals earning over $2.5 million annually, suggesting a return from the current 37% to the pre-2017 rate of 39.6%. This proposal comes as some Republicans express concerns about <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senate-conservatives-break-with-freedom-caucus-on-johnson-funding-bill\/\" title=\"... conservatives break with Freedom Caucus on ... funding bill\">achieving significant spending cuts<\/a> necessary for <a href=\"https:\/\/amzn.to\/3YuVZYV\" >extending tax cuts originally enacted<\/a> in 2017.Trump believes that raising taxes on wealthier individuals could help finance tax cuts for the middle and working class, although he previously described such increases as potentially harmful, fearing that wealthy individuals might leave the country.<\/p>\n<p>Upon discussing this with Johnson, Trump aims to integrate this tax policy into broader discussions about a significant budget reform package. However, some Republican lawmakers are wary, fearing that raising taxes could contradict the party&#8217;s general principle of promoting tax reductions.The ongoing debate reflects internal divisions within the GOP regarding budgetary priorities and Medicaid reforms, complicating efforts to extend the existing tax cuts while managing federal spending efficiently.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Trump asks Speaker Johnson to look at increasing tax rates for millionaires<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2116966\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>President <a href=\"http:\/\/washingtonexaminer.com\/tag\/donald-trump\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Donald Trump<\/a> asked House leadership to consider an increase in the top tax rate for those making millions of dollars a year, a proposition some Republicans are wary of as they look to reach significant slashes in spending to pay for an extension of the tax cuts.<\/p>\n<p>A source familiar with the president&rsquo;s thinking told the <em>Washington Examiner<\/em> that Trump is considering allowing the rate on those making $2.5 million or more to revert from 37% to the pre-2017 39.6%.<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/house\/3405894\/jasmine-crockett-gop-violent-actors\/\">Jasmine Crockett claims the GOP prone to &#8216;attract violent actors&#8217;<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/house\/3405206\/james-carville-ilhan-omar-leave-democratic-party\/\">Carville says Ilhan Omar should leave the Democratic Party over comments on &#8216;white men&#8217;<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/house\/3405220\/house-votes-rename-gulf-of-america-trump-executive-order-law\/\">House votes to codify Trump&#8217;s Gulf of America renaming into law<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p>&ldquo;This will help pay for massive middle and working-class tax cuts and protect Medicaid,&rdquo; the source stated.<\/p>\n<p>This is a change from two weeks ago when Trump said on April 24 he thought raising taxes on the wealthy would be &ldquo;disruptive because a lot of the millionaires would leave the country.&rdquo;<\/p>\n<p>The president reportedly pushed Speaker <a href=\"http:\/\/washingtonexaminer.com\/tag\/mike-johnson\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Mike Johnson<\/a> (R-LA) on this proposal during a phone call on Wednesday, adding another policy to Johnson&rsquo;s plate as his conference argues over how best to reform Medicaid without cutting benefits for people.<\/p>\n<p>Extending the 2017 Tax Cuts and Jobs Act is one of many aspects of the GOP&rsquo;s &ldquo;one big beautiful&rdquo; megabill that is being workshopped in various committees. Through a process called reconciliation, Republicans can bypass the 60-vote filibuster in the Senate and utilize the GOP trifecta to codify Trump&rsquo;s agenda much more easily.<\/p>\n<p>But fiscal hawks and centrist Republicans are battling each other over how best to craft the budget megabill, as fiscal hawks want to see at least $1.5 trillion in spending cuts, and centrist GOP lawmakers want to ensure Medicaid and SNAP benefits are not overhauled dramatically to pay for extending the expiring tax cuts.<\/p>\n<p>Sources told the <em>Washington Examiner<\/em> that Trump was receptive to hiking up the tax rate for individuals back to nearly 40% during a meeting with Republicans on the Senate Budget Committee last month.<\/p>\n<p>Johnson has poured cold water on that suggestion before, telling Fox News&rsquo;s&nbsp;<em>Sunday Morning Futures<\/em> in mid-April that he&rsquo;s &ldquo;not a big fan of doing that.&rdquo;<\/p>\n<p>&ldquo;We&rsquo;re the Republican Party, and we&rsquo;re for tax reduction for everyone,&rdquo; he said at the time. &ldquo;So, I mean, that&rsquo;s a general principle that we always try to abide by.&rdquo;<\/p>\n<p>Senate Finance Committee Chairman Mike Crapo (R-ID) <a href=\"https:\/\/x.com\/lacaldwelldc\/status\/1920558518161076647?s=46&amp;t=oYTIYwEqmPpaQCOEPM8xZA\" target=\"_blank\" rel=\"noopener\" title=\"\">said<\/a> on Hugh Hewitt&rsquo;s radio show on Thursday that raising taxes on the wealthy is not good for growth.<\/p>\n<p>&ldquo;I personally think, you know, I&rsquo;m focused on the Senate bill on <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/newt-gingrich-why-the-house-republican-commitment-to-america-matters\/\" title=\"Newt Gingrich: Why the House Republican Commitment to America Matters\">pro-growth tax policies<\/a> and permanence, particularly for the TCJA, and increasing those taxes does not fit that standard, in my opinion,&rdquo; Crapo said. &ldquo;So right now, I&rsquo;m not excited about the proposal.&rdquo;<\/p>\n<p>But, Crapo said, if Trump weighs in in favor of hiking the top tax rate, &ldquo;that&rsquo;s going to be a big factor that we have to take into consideration as well.&rdquo;<\/p>\n<p>Finding a path forward to extend the tax cuts has proven to be a difficult task in recent weeks. <\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/news\/house\/3398545\/four-factions-mike-johnson-must-please-pass-trump-budget-megabill\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>THE FOUR FACTIONS SPEAKER JOHNSON MUST PLEASE TO PASS TRUMP&rsquo;S BUDGET MEGABILL<\/strong><\/a><\/p>\n<p>House leaders originally said the 11 committees in charge of a portion of the megabill would markup last week and this week, with next week intended to be a work week for the House Budget Committee to piece the megabill together.<\/p>\n<p>But some of those <a href=\"https:\/\/www.washingtonexaminer.com\/news\/house\/3398709\/house-leadership-delays-major-budget-hearings-white-house-meeting\/\" target=\"_blank\" rel=\"noopener\" title=\"\">hearings were delayed<\/a> after Johnson, Ways and Means Chairman Jason Smith (R-MO), Energy and Commerce Chairman Brett Guthrie (R-KY), and Majority Leader Steve Scalise (R-LA) met at the White House. Now the Ways and Means, Agriculture, and Energy and Commerce committees will mark up their section of the reconciliation bill next Tuesday.<\/p>\n<\/div>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_2116966\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"2116966\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trump urges Speaker Johnson to consider raising millionaire tax rates<\/p>\n","protected":false},"author":3801,"featured_media":2432618,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/05\/AP25099765436668-1.webp","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[4162,53098,54886,3634,32076],"class_list":["post-2432617","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-johnson","tag-millionaires-2","tag-tax-rates","tag-trump","tag-washington-examiner"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/05\/AP25099765436668-1.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2432617","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/3801"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2432617"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2432617\/revisions"}],"predecessor-version":[{"id":2432621,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2432617\/revisions\/2432621"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2432618"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2432617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2432617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2432617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}