In a recent Fox News segment, host Bret Baier expressed concern over reports that President Trump might consider increasing taxes on wealthy individuals. Larry Kudlow, a former Trump official, voiced his disbelief, asserting that Republicans usually advocate for lower taxes. He criticized the notion of creating a new tax bracket for millionaires, arguing that successful businesses and investors should be incentivized, not penalized. Kudlow's remarks echoed traditional Republican values of rewarding success and suggested that tax day should prioritize cuts rather than increases.
I thought the Republicans wanted to reward success, not punishing it. This loose talk about a high, a top, another new bracket for millionaires I don't think it's a crime to be a millionaire by the way.
Lowering the corporate rate, if it's made in America, to 15%, that's a great inducement for people to onshore.
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