Trump urges Speaker Johnson to consider 'tiny' tax increase on the rich, sources say

President Donald Trump said he would be open to a “tiny” tax increase on wealthy Americans, marking a shift as Republicans try to pass a sweeping tax bill.

Sources familiar with a recent phone call between President Trump and House Speaker Mike Johnson said the president urged Johnson to consider raising taxes on the nation’s highest earners as a way to offset the cost of extending key provisions of the 2017 Tax Cuts and Jobs Act, which are set to expire at the end of 2025.

Trump addressed the issue Friday in a post on Truth Social, indicating support for the tax increase while also warning of potential political fallout.

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