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Trump discreetly encouraging Mike Johnson to increase taxes on the rich

President Donald Trump is mulling a slight tax increase aimed at helping affluent Americans support his goals of enhancing the middle and working classes. According to a source close to Trump, he’s looking at raising the tax rate for individuals earning over $2.5 million from 37% to 39.6%—that’s an increase of 2.6%. Trump reportedly discussed […]

‘Please don’t tax the rich’

Talk about the main targets. Several Seattle Street pedestrians were surprised last week when they weren’t told by the regular “walk” or “wait” command, but instead appeared to hear Jeff Bezos beg the rich not to tax them. At least six crossings across Washington City appeared to be hacked in the message. This appeared to […]

Republicans consider increasing taxes on the rich in break from party orthodoxy 

Congressional Republicans are considering increasing taxes on the rich as part of President Trump’s ambitious legislative priorities. The debate is in the early stages, and lawmakers say the final legislation may not make it. But the once-outlined tax hike considerations highlight the rise of party populist instincts when Republicans respond to competing demands from fiscal […]

How the rich use insurance to invest in private credit without steep tax bills – CNBC

This version of the article first appeared on CNBC's Inside Wealth Newsletter. This is Robert Frank, Net-Worth Investor and Consumer's weekly guide. Sign up to receive future editions directly in your inbox. According to alternative data provider Preqin, the market rose from $1 trillion in 2020 to $1.5 trillion in early 2024, resulting in a […]

Podcaster says Trump’s successful with working-class because he ‘doesn’t sound rich’

Podcaster and comedian Andrew Schultz says the secret behind President Donald Trump's success is that he “can't sound rich.” “This is something people don't want to admit,” Schultz said Monday. episode From the podcast “Arm Chair Expert” with actor Dachshund Shepherd. “Trump doesn't sound rich when he speaks. He sounds poor.” Schultz said Trump stands […]

Trump courts rich immigrants

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