INTERNACIONAL
White House quietly floats millionaire tax hike proposal in Congress as GOP leaders signal opposition

White House aides are quietly floating a proposal within the House GOP that would raise the tax rate for people making more than $1 million to 40%, two sources familiar with discussions told Fox News Digital, to offset the cost of eliminating tips on overtime pay, tipped wages, and retirees’ Social Security.
The sources stressed the discussions were only preliminary, and the plan is one of many being talked about as congressional Republicans work on advancing President Donald Trump’s agenda via the budget reconciliation process.
Trump and his White House have not yet taken a position on the matter, but the idea is being looked at by his aides and staff on Capitol Hill.
Meanwhile House GOP leaders including Speaker Mike Johnson, R-La., have publicly opposed the idea of any tax hikes.
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Speaker Mike Johnson is working to pass President Trump’s agenda via the budget reconciliation process (Getty Images)
«I’m not a big fan of doing that. I mean, we’re the Republican Party and we’re for tax reduction for everyone,» Johnson said on «Sunday Morning Futures.»
One GOP lawmaker asked about the proposal and granted anonymity to speak candidly said they would be open to supporting it but preferred a higher starting point than $1 million.
They said the reaction was «mixed» among other House Republicans. But not all House GOP lawmakers are privy to the discussions, and it’s not immediately clear how wide the proposal has been circulated.
Nevertheless, it signals that Republicans are deeply divided on how to go about enacting Trump’s tax agenda.
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Extending Trump’s 2017 Tax Cuts and Jobs Act (TCJA) and enacting his newer tax proposals is a cornerstone of Republicans’ plans for the budget reconciliation process.
By lowering the Senate’s threshold for passage from 60 votes to 51, it allows the party in power to skirt opposition to pass a sweeping piece of legislation advancing its own priorities – provided the measures deal with tax, spending, or the national debt.
Extending Trump’s tax cuts is expected to cost trillions of dollars alone. But even if Republicans use a budgetary calculation to hide its cost, known as current policy baseline, they will still have to find a path forward for new policies eliminating taxes on tips, overtime pay, and retirees’ Social Security checks.
Hiking taxes on the ultra-wealthy could also serve to put Democrats in a tricky political situation in forcing them to choose between supporting Trump’s policies and opposing an idea they’ve pushed for years.

House Majority Leader Steve Scalise is also opposed to raising taxes on the rich (REUTERS/Mike Segar)
The top income tax rate is currently about 37% on $609,351 in earnings for a single person or $731,201 for married couples.
But raising the rate for millionaires could be one way to pay for Trump’s new tax policies.
House Freedom Caucus Chairman Andy Harris, R-Md., one of the deficit hawks leading the charge to ensure new spending is paired with deep cuts elsewhere, said «That’s one possibility.»
«What I’d like to do is I’d actually like to find spending reductions elsewhere in the budget, but if we can’t get enough spending reductions, we’re going to have to pay for our tax cuts,» Harris told «Mornings with Maria» last week.
«Before the Tax Cuts and Jobs Act, the highest tax bracket was 39.6%, it was less than $1 million. Ideally, what we could do, again, if we can’t find spending reductions, we say ‘Okay, let’s restore that higher bracket, let’s set it at maybe $2 million income and above,’ to help pay for the rest of the president’s agenda.»
But Johnson’s No. 2, House Majority Leader Steve Scalise, R-La., again poured cold water on the idea Tuesday.
«I don’t support that initiative,» Scalise told «Mornings with Maria,» though he added, «everything’s on the table.»

House Freedom Caucus Chair Andy Harris signaled openness to the idea (Getty Images)
«That’s why you hear all kind of ideas being bounced around. And if we take no action, then you’d have over 90% of Americans see a tax increase,» Scalise warned.
Bloomberg News was first to report House Republicans’ 40% tax hike proposal.
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When reached for comment, the White House pointed Fox News Digital to comments by Press Secretary Karoline Leavitt earlier on Tuesday when she said Trump had not made up his mind on another proposal to raise the corporate tax rate.
«I’ve seen this idea proposed. I’ve heard this idea discussed. But I don’t believe the president has made a determination on whether he supports it or not,» Leavitt said.
Fox News Digital also reached out to Johnson’s office for comment.
House Of Representatives,House Budget,Republicans,Donald Trump
INTERNACIONAL
Acuerdo Israel-Hamas: las familias de los rehenes celebran su inminente liberación en el centro de Tel Aviv y convocan a Donald Trump

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INTERNACIONAL
World leaders praise ‘landmark’ Israel-Hamas peace deal mediated by US: ‘New horizon of hope’

INTERNACIONAL
Fox News Politics Newsletter: Liberal media darling under fire after viral interview

NEWYou can now listen to Fox News articles!
Welcome to the Fox News Politics newsletter with the latest updates on the Trump administration, Capitol Hill and more Fox News politics coverage. Here’s what’s happening…
– Behind the scenes of Trump’s anticipated Antifa roundtable with Cabinet members
– Comey pleads not guilty to indictment alleging false statements, obstruction
– Supreme Court skeptical of ‘conversion therapy’ law banning treatment of minors with gender identity issues
Liberal media darling in the hot seat after explosive interview goes viral
Conservatives on social media blasted California Democrat Katie Porter, widely seen by Democrats as a frontrunner in the state’s gubernatorial race, after she cut short a contentious interview over follow-up questions from a reporter.
The viral moment happened in a clip posted Tuesday night where Porter took issue with the line of questioning from CBS investigative journalist Julie Watts, who was pushing Porter on whether she can and needs to appeal to the millions of Trump voters in the state to become the next governor.
«I feel like this is unnecessarily argumentative,» Porter said, adding, «I don’t want to keep doing this, I’m going to call it.»…READ MORE.
Rep. Katie Porter, D-Calif., speaks during the «Just Majority» Supreme Court press conference on June 22, 2023, in Washington, D.C. (Paul Morigi/Getty Images for Just Majority)
White House
‘SUFFERING DEMENTIA’: Pritzker hurls ‘dementia’ claim at Trump amid National Guard feud despite defending Biden’s mental fitness
‘SHOULD BE IN JAIL’: Trump says Chicago mayor, Illinois governor ‘should be in jail for failing to protect’ ICE officers

Illinois Gov. JB Pritzker criticized former President Donald Trump’s move to deploy Texas National Guard troops to Illinois and Oregon. (Getty Images)
‘MOST SECURE’: Trump admin announces fewest border apprehensions since 1970
HEATED REMARKS: Kamala Harris takes apparent shot at Trump admin in bizarre outburst: ‘These mother—– are crazy’

Vice President Kamala Harris speaks during her book tour event at the Wiltern Theatre on Sept. 29, 2025, in Los Angeles. (Mario Tama/Getty Images)
World Stage
‘SERIOUS FIREPOWER’: Kushner joins Witkoff for Gaza ceasefire talks as Trump pushes 20-point peace plan

Jared Kushner and U.S. envoy Steve Witkoff await President Donald Trump’s arrival at Teterboro Airport in New Jersey on July 13, 2025, ahead of the 2025 FIFA Club World Cup final. (Brendan Smialowski/AFP via Getty Images)
DECOUPLING DEBATE: Think tank founder faces scrutiny over China corporate ties despite decoupling advocacy
BROKEN PEACE: Houthi rebels test US ceasefire with deadly strike on cargo ship

Houthi fighters walk over British and U.S. flags at a rally near Sana’a, Yemen, on Feb. 4, 2024, following strikes on shipping in the Red Sea and Gulf of Aden. (Mohammed Hamoud/Getty Images)
Capitol Hill
ILL HEALTH: Moderate Dem undercuts Jeffries on Obamacare compromise as government shutdown wears on
DEMS DIG IN: Senate Democrats defy White House warnings, again block GOP bid to restart government

Senate Minority Leader Chuck Schumer, D-N.Y., speaks during a press conference at the U.S. Capitol on Oct. 3, 2025, in Washington. (Graeme Sloan/Bloomberg via Getty Images)
SERVING THE COUNTRY: Johnson rejects push for military pay fix as shutdown fight intensifies
SPENDING STANDOFF: Reporter’s Notebook: Senate revotes today on ending government shutdown
PICKING UP THE TAB: Vulnerable Harris-district Republican brings in more than $1M as Dems scramble to flip seat

Rep. Mike Lawler, R-N.Y., leaves a House Republican Conference meeting at the Capitol Hill Club on March 4, 2025, in Washington, D.C. (Tierney L. Cross/Getty Images)
HISTORIC HOLDUP: Government shutdown 101: We’ve been here before, here’s what happens next
TAXPAYERS PAY UP: Obamacare subsidies at center of Dem shutdown fight ‘fuel’ healthcare cost inflation, conservatives say
‘WEREN’T SURVEILLED’: Dem rep defends DOJ obtaining GOP senator call records in 2023: ‘You weren’t surveilled’
UPHILL CLIMB: Democrat Aftyn Behn advances to special election in battle for vacant congressional seat in deep-red district

Tennessee state Rep. Aftyn Behn, D-Nashville, speaks with reporters at the Cordell Hull State Office Building in Nashville, Tenn., on March 12, 2024. (Nicole Hester / The Tennessean / USA TODAY NETWORK)
Across America
COST OF IDEALS: Cuomo rips Mamdani’s freebie ‘fantasy,’ says AOC proved socialism fails after killing NYC Amazon deal
FOLLOW THE MONEY: Who is Elizabeth Simons? Meet the largest individual donor to Virginia’s disgraced Dem AG nominee

Elizabeth Simons, chair of the Heising-Simons Foundation, speaks onstage during the Milken Institute Global Conference on May 4, 2016, in Beverly Hills, Calif. (Getty Images)
CAMPUS CHAOS: Protesters attempt to justify Hamas attack on Israel with ‘Columbia Intifada’ newspaper on Oct. 7 anniversary
FUNDING THREAT: State rep’s bill would punish colleges financially if they don’t rename roads after Charlie Kirk
END OF CAMELOT: Joan Kennedy, wife of Sen. Ted Kennedy for 22 years, dead at 89

Sen. Ted Kennedy and his wife Joan Kennedy walk together in New York City circa 1971. (Tom Wargacki/WireImage)
‘I DON’T CARE’: Controversial Dem abruptly ends bonkers interview after repeatedly berating reporter: ‘I don’t care’
LEGACY LIVES ON: Turning Point Montana State event featuring Ramaswamy, Gianforte draws thousands

A crowd at Montana State University holds signs honoring Turning Point USA founder Charlie Kirk on Oct. 7, 2025, in Bozeman, Mont. (Greg Gianforte Twitter)
‘NAUSEATING’: Republican labels Mamdani as ‘little more than a Muslim terrorist,’ advocates yanking citizenship, deportation
Get the latest updates on the Trump administration and Congress, exclusive interviews and more on FoxNews.com.
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