Name: Trump and Speaker Mike Johnson shoot down millionaire tax hike
Uploaded: 2025-04-25T08:53:04+00:00
Duration: 50 s
Description: President Trump and House Speaker Mike Johnson have rejected a proposed tax increase on millionaires, dismissing it as harmful and contrary to Republican values. Some GOP lawmakers had floated the ide

6 months ago

News

President Trump and House Speaker Mike Johnson have rejected a proposed tax increase on millionaires, dismissing it as harmful and contrary to Republican values.

Some GOP lawmakers had floated the idea to offset the cost of Trump’s costly legislative agenda and prevent rising deficits.

Trump argued higher taxes would drive the wealthy out of the country, while Johnson reaffirmed the party’s opposition to tax hikes, NBC News has reported.

The debate comes as key parts of Trump’s 2017 tax cuts are set to expire, and Republicans face pressure to balance tax breaks and increased spending with deficit concerns.

👍 Like this video to highlight the ongoing debate over taxes, spending, and America’s growing deficit.

💬 Comment below — should millionaires pay more to help offset rising government costs, or would that hurt the economy?

🔗 Share this video to fuel discussion about tax fairness, fiscal policy, and the future of Trump-era economic strategies.

💰 Want to support the channel? Hit the Thanks button — your support helps us break down complex financial policies for everyone to understand.

👉 Subscribe for more updates on U.S. tax debates, government spending, and political decisions affecting your wallet.

Thanks for tuning in and staying informed on the issues that shape our economy. 💸🏛️📊

Links for B.C.

Visit My Website
https://bcbegley.com

Follow Me On Facebook
https://www.facebook.com/B.C.Begley

Subscribe To My Patreon
https://www.patreon.com/bcbegley

Watch Me On YouTube
https://www.youtube.com/channel/UCGoUf-QQTlTN-BIh3ERCE9A

Follow Me On Twitter
https://twitter.com/BC_News1