39.6% was the top federal tax rate before Trump tax cuts in 2018. But they applied to incomes over $400,000 for single filers, $450,000 for joint filers. This is a nothing burger, over $5 million. And already the rate presently is 37%.

So you're talking a 2.6% increase on incomes over $5 million.

This is being floated for the PR and voter manipulation benefits. IMHO

They are slowly finding that if they keep jumping up and down on the 3rd rail and gutting or threatening to gut the stuff being powered by that rail, the torches and pitchforks will soon be coming out of the areas where people DO use "pitch forks" for a living - the red states and red blotches in purple or blue states!

It won't actually HAPPEN, he just wants people to know he's considering ordering Johnson to create a new, very slightly higher tax bracket for people earning more per year than 99.9% of Americans ... that is what it was before his 2017 tax giveaway. Johnson will say 'nah' when the time actually comes. But hey, IQ45 did ask him to consider it, so ... isn't he swell?!?

Would hit high earners but not the super-wealthy. Oh, no, those billionaires dumbass donnie wants to like him would be the logical targets but he won't go there.

But, no point in serious discussion anyway since this is all to try to soften the bad PR from the evil looting of the treasury they are attempting.

Trump does nothing unless it personally benefits him.

But without raising the minimum wage. So it's possibly to get those service worker votes as a supposed "campaign promise". They definitely aren't in the current tax cuts for the billionaires law (nor in the current blueprint).

Someone apparently whispered in his ear so he'll repeat what the last person told him.

Right-wing Billionaires are already rich-- they want freedom to do as they wish and power! They also want to shutdown the traditional Democratic rejoinder to their policies. Bernie and friends will have the wind taken out of their sails with a lot less powerful economic argument about the GOP favoring the rich if Congress does this. Thing is that hard-core anti-tax Republicans won't agree to raise any tax.

I don't think DU should promote stuff like this. It's all a game to make people think he is for the common man. BS it is a game, leaked this info... yea sure... and some people will fall for it. I think DU should carefully choose how to word headlines.

Alternate headline might be - Suspicious leak about taxing the rich

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Nobody needs to earn over, say, $2 million a year. The top tax bracket should be confiscatory as it was up until saint ronnie brought in his own "chainsaw" and turned the US from the largest creditor nation to the largest debtor nation.

Any society that allows billionaires to exist is a broken society.

Most rich people don't actually claim near as much "income" as their wealth would indicate.
It's just grist for the poorly informed. This is similar to when he said he'd put more sanctions on Russia which
is already sanctioned up the ass. It gives the bought out media something to blabber about to fool
the dummies.

when does Trump EVER do anything that negatively affects the people the greedy old pig party caters to?

as another DUer alluded to, these fucks have kinds of ways to avoid paying taxes no matter what the "brackets" are

something like this, I think it plays into his desire to get rid of the Income Tax and the IRS altogether.

They pay little or no taxes anyway and they aren't the real job creators. Republicans will have to rely on smaller donations and be more responsive to the electorate. A good law would be, when someone reaches a certain level of wealth, they have to self deport.

amount owed.

try to ram this through briefly to convince the slobbering cult members he's really "one of them." And they'll probably lap it up . . . again.

He's been throwing grenades from the populist loon right recently and even in the past.