Trump said 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" is how Democrats would react, citing President George H. W. Bush's infamous "read my lips: no new taxes" comment that would later come back to haunt him.

President Trump is looking to tax the super rich. Tariffs in China could be slashed to 50% next week as trade and tariff talks begin. Plus, Republican lawmakers are pushing back on budget cuts.

U.S. President Donald Trump renewed his criticism on Thursday of Federal Reserve Chair Jerome Powell, complaining the Fed is refusing to lower interest rates. Trump said cutting interest rates would be "like jet fuel" for the economy "but he doesn't want to do it.

President Donald Trump once again verbally attacked Federal Reserve Chairman Jerome Powell after the Fed's decision to keep interest rates unchanged. On Thursday, Donald Trump stated that if the Fed lowered interest rates,

President Donald Trump once again verbally attacked Federal Reserve Chairman Jerome Powell after the Fed decided to keep interest rates unchanged. Donald Trump remarked that if the Fed lowered interest rates,

President Donald Trump could upend decades of Republican tax orthodoxy with new proposals to raise taxes on wealthy Americans and Wall Street and Silicon Valley investors.

Donald Trump has proposed raising taxes on the wealthiest Americans, in a breach of Republican orthodoxy that he hopes could pay for broader tax breaks being debated in Congress. The US president proposed an increase in the tax on people earning more than $2.

President Donald Trump is quietly pushing Speaker Mike Johnson, R-La., to raise taxes on wealthy Americans as Republicans negotiate the commander-in-chief's "big, beautiful bill." Trump spoke with Johnson by phone on Wednesday and made the case for raising taxes on top income earners and closing the carried interest loophole,