Trump is at it again. His U-Turn continues and even after winning the Republican party nomination he has made little effort to improve his approval rating within party and has in fact gone ahead to make it worse. Trump in a recent interview has said that he is open to taxing the rich more, a move not only in stark contrast from his existing position in September but also of the republican party line which has been firmly against increasing taxes on rich since 1990’s.
US Republican presidential candidate Donald Trump said on Sunday he was open to raising taxes on the rich, backing off his prior proposal to reduce taxes on all Americans and breaking with one of his party’s core policies dating back to the 1990s.
“I am willing to pay more, and you know what, the wealthy are willing to pay more,” Trump told ABC’s “This Week.”
After effectively sealing the Republican nomination last week for the Nov. 8 presidential election, Trump has used speeches and interviews to offer more details on his policy positions.
The billionaire real estate tycoon has said he would like to see an increase in the minimum wage, although he told NBC’s “Meet the Press” on Sunday he would prefer to see states take the lead on that front instead of the federal government.
“I don’t know how people make it on $7.25 an hour,” Trump said of the current federal minimum wage. “I would like to see an increase of some magnitude. But I’d rather leave it to the states. Let the states decide.”
Trump’s call for higher taxes on the wealthy is a break with Republican presidential nominees who have staunchly opposed tax hikes for almost three decades. Higher taxes have been anathema to many in the party since former President George H.W. Bush infuriated fellow Republicans by abandoning a pledge not to raise taxes and agreeing to an increase as part of a 1990 budget deal.
Democrats, including presidential front-runner Hillary Clinton, have pressed for increased taxes on the wealthiest Americans for years.
Trump released a tax proposal last September that included broad tax breaks for businesses and households. He proposed reducing the highest income tax rate to 25 percent from the current 39.6 percent rate.
Pressed on the contradiction between his latest comments on taxes and the September tax plan, Trump said he viewed his original proposal as “a concept” and that he expected it would be changed following negotiations with Congress.
“By the time it gets negotiated, it’s going to be a different plan,” Trump told ABC. He emphasized in separate interviews with ABC and NBC’s “Meet the Press” that his priorities were lowering taxes on the middle class and businesses.
“The middle class has to be protected,” Trump told NBC. The rich are “probably going to end up paying more,” he said