House Speaker Mike Johnson (R-La.) said that he likely will not support a measure to hike taxes on wealthy Americans, saying he and his party prefer tax reduction across the board.
Johnson was asked Sunday by Fox News host Maria Bartiromo about reports that Republicans may increase taxes on the wealthiest 40 percent to pay for certain initiatives backed by President Donald Trump, including his promise not to tax tips or Social Security payments.
“I’m not a big fan of doing that,” Johnson responded in the interview. “We’re the Republican Party and we’re for tax reduction for everyone. So, I mean, that’s a general principle that we always try to abide by. There’s lots of discussion. There’s lots of ideas on the Hill.”…