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Trump studies raising taxes to the richest in the US

Trump studies raising taxes to the richest in the US
Trump studies raising taxes to the richest in the US
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The president of the United States, Donald Trumpintends to introduce a Tax rise for the richest Americanswhich would mean breaking with republican orthodoxy, to help finance the plan of fiscal measures that he hopes to carry out this year, including for middle and low as well as the financing of the Medicaid Assistance Program.

As reported Financial Times o The Washington Postciting knowledgeable sources from the tenant of the White House, Trump would have proposed to introduce a 39.6% tax for people with income of more than 2.5 million dollars (2.2 million euros) per year or couples with revenues of at least 5 million dollars (4.4 million euros), compared to the current maximum of 37% for those who earn more than 626,350 dollars (555,390 euros).

On this matter, Trump himself wanted to bring the question to the forefront pointing out in his of Truth Social That the problem with “a minimum tax ”, which he would accept to pay “with pleasure” to help low and medium -income workers would be the use that would make the matter “the democratic lunatics of the radical left.”

In this sense, he wanted to send a message to the congressmen by pointing out that “in any case, the Republicans probably should not do it, but it seems to do it!”

The discussion about a potential tax rise to large American fortunes occurs in the middle of conversations between the White House and the Republicans in the Capitol To accelerate the fiscal package, which would the broad tax cuts applied in 2017 by Trump himself, which expires next year.

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In addition to the possible introduction of a new section in the Income Tax, the sources consulted indicated that Trump would also seek to close a legal vacuum that allows investment fund managers to pay lower tax rates.

Increase limits to deductions for owners

On the other hand, together with the tax increases to rich Americans, the possibility of increasing the limits to deductions for owners, which would pass from 10,000 to $ 30,000 (8,867 to 26,600 euros), which would mean an important fiscal relief for the prosperous neighborhoods of the United States.

“It is still an ongoing debate and I think we will find the right point“Mike Johnson, a Republican leader of the House of Representatives, told the .

However, Trump’s consideration of raise taxes to the richest Americans It caused a rapid reaction of anti -imposed conservative .

“Increasing the maximum tax to 39.6% is a proposal of Kamala Harris. He lost the elections against President Trump. There is no need to approve his tax rise,” said for Tax Reform (ATR), a that opposes any tax increase.

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