The Trump team considers taxing millionaires, and differences within the Republican Party come to light.
The Washington Post reported that the core team of U.S. President Trump is considering increasing taxes for American billionaires with an annual income exceeding $1 million and is thinking about whether it should be included in the Republican tax bill for 2025. Sources said that although most Republicans reacted coldly to the proposal, Vice President Vance and Russell Vaughn, director of the White House Office of Management and Budget, expressed an open attitude towards this idea, which can be regarded as supportive. Despite this, the proposal still faces opposition, with opponents arguing that it will damage Trump's tax cut commitments and suppress economic growth.
Trump has backed down.
Original article: https://www.toutiao.com/article/1830179454286848/
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