Trump’s internal millionaires’ monologue

Photo: President Donald Trump delivers remarks at a National Day of Prayer event, Thursday, May 1, 2025, in the White House Rose Garden. Official White House photo by Joyce N. Boghosian via Flickr. US government work. Article by Hans Nichols. Axios – May 8, 2025.

President Trump has been negotiating with himself on a millionaires’ tax: He’s for it at the $2.5 million level, after being against it at $1 million.

Why it matters: Negotiating with his own party may be easier. House Speaker Mike Johnson (R-La.) will tell Trump on Friday that the House will deliver on the president’s tax priorities, according to a congressional aide. […]

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