Trump Says He Loves Millionaire Tax, Worries of Political Risk
Donald Trump
Photographer: Chris Kleponis/CNP/BloombergThis article is for subscribers only.
President Donald Trump said he is open to the idea of higher taxes on millionaires — an idea that is being hotly debated in Republican circles — but said he worries that a levy increase could hurt the party.
“I actually love the concept, but I don’t want it to be used against me politically, because I’ve seen people lose elections for less,” Trump told TIME magazine in an interview published Friday.