Trump would like you to believe that the public would be opposed to a tax on the rich.
“President Trump in an interview published Friday said he loves the ‘concept’ of raising taxes on the wealthy to pay for some of his policy proposals in a sweeping piece of legislation but acknowledged it may not be ‘acceptable to the public.’
Trump sat down Tuesday for an interview with Time magazine centered on his first 100 days in office and was asked about the idea floated by some Republicans to raise taxes on millionaires to offset the cost of extending tax cuts, as well as adding the new cuts the president proposed while on the campaign trail.
His comments were made one day before Trump warned the concept of a higher tax on millionaires would be ‘disruptive.’
‘It doesn’t make that much difference, and yet, I could just see somebody trying to bring that up as a subject, and, you know, say, “Oh, he raised taxes.” Well, I wouldn’t be, really, you know, in the true sense, I wouldn’t. I’d be raising them on wealthy to take care of middle class,’ Trump told Time.
‘And that’s — I love, that. I actually love the concept, but I don’t want it to be used against me politically, because I’ve seen people lose elections for less, especially with the fake news,’ he added.
Asked if a tax increase on the wealthy would help cover the cost of campaign proposals such as eliminating taxes on tipped wages, overtime wages and Social Security, Trump reiterated that he “would not mind personally paying more.”
‘But the concept is something that may not be acceptable to the public,’ the president said.”
For the rest of the story, visit The Hill here.