House Republicans are deeply divided over a proposal to raise taxes on individuals earning over $1 million annually as part of President Trump's broader tax agenda.
While some GOP lawmakers see the hike as a way to fund tax cuts and other priorities, conservative members are firmly opposed, calling it a 'hard no.' The debate is intensifying as the House moves quickly on a reconciliation bill that critics say could make college less affordable in order to finance tax breaks for the wealthy. The outcome of this internal GOP conflict could shape the final form of Trump’s tax legislation and its impact on both the wealthy and middle-class Americans.
The issue highlights broader tensions within the party over how to balance tax policy and fiscal responsibility.
.Here are the top political news stories for today.
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Multiple House Republicans Shoot Down ‘Millionaire Tax’ Proposal In ‘One Big, Beautiful Bill’
House conservatives are slamming the idea of raising the marginal tax rate for individuals earning more than $1 million annually.
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The House Reconciliation Bill Makes College Less Affordable — All to Pay for Tax Cuts for Millionaires and Billionaires
But instead of helping students afford higher education, the Republican reconciliation bill, released this week and moving quickly through the House of Representatives, does the opposite — making it harder for students to access aid,
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