A GOP congressman said on Saturday that raising the top tax rate for high earners could help President Donald Trump‘s massive tax and immigration package get the votes it needs.
“The One Big Beautiful Bill has stalled — and it needs wind in its sails,” Rep. Nick LaLota said on X. “Allowing the top tax rate to expire — returning from 37% to 39.6% for individuals earning over $609,350 and married couples earning over $731,200 — breathes $300 billion of new life into the effort.”
LaLota said that his proposal would be fiscally prudent and could be done “without raising taxes on the middle class.” The New York congressman has suggested that the money generated from raising taxes on high earners could protect Medicaid and “fix” the cap on the so-called SALT deduction.
And get rid of the proposed tax on remittances!
And a wealth tax to cull the herd of plutocrats!
https://www.yahoo.com/news/gop-congressman-says-raising-taxes-230856834.html