Trump Reverses Course, Says GOP Should ‘Probably Not’ Increase Taxes on Wealthy

But the president added he would be ‘OK if they do.’
Trump Reverses Course, Says GOP Should ‘Probably Not’ Increase Taxes on Wealthy
President Donald Trump speaks during a swearing-in ceremony of special envoy Steve Witkoff in the Oval Office at the White House in Washington, on May 6, 2025. Kent Nishimura/File Photo /Reuters
Jack Phillips
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President Donald Trump on Friday delivered his clearest remarks yet on whether he wants Republicans to include a provision raising taxes on wealthier Americans, saying that it’s “probably not” a good idea.

“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, “ Trump wrote on Truth Social, is that Democrats would “go around screaming, ‘Read my lips,’ the fabled Quote by George Bush the Elder that is said to have cost him the Election.”
Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
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