Why is Trump considering to raise taxes on millionaires? | Alex Bronzini-Vender

Contributing sentiments towards policy:

50% : Those reportedly open to the idea also include mainstream conservatives like Russell Vought, director of the office of management and budget and a stalwart of the Heritage Foundation, and Scott Bessent, a former hedge fund manager and Trump's treasury secretary. Their voices confound the expectation that the party's "realignment" wing is driving the breakdown of the Republican consensus on tax-cutting.
48% : A tax increase, Trump apparently believes, would be tenable as policy but not as politics.
48% : The 10-year yield dipped, and Trump touted it as validating his tariff strategy.
42% : Rather than take on the deeper structural questions of economic inequality, they focused their campaigns on defending existing programs like social security and Medicare, advancing measured reforms in the name of racial justice, and protecting rights to abortion and same-sex marriage.
32% : Trump says something similar of almost every idea thrown his way, and commentators have long observed that the surest way to change the president's mind is to be the last person who spoke to him.
32% : But, in forcing Trump to choose between taxing the top or deeper austerity for the bottom, it now threatens to blow it apart.
31% : " Few presidential administrations have killed sacred cows at a faster rate than that of Donald Trump.
21% : Now, that sacred cow might get killed "I actually love the concept," Donald Trump recently told Time magazine of a proposal circulating within his cabinet to raise taxes upon those earning over $1m. "I don't want it to be used against me politically, because I've seen people lose elections for less, especially with the fake news.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.