Trump’s plan to increase tax on rich could hit most U.S. businesses

President Donald Trump could upend decades of Republican tax orthodoxy with new proposals to raise taxes on wealthy Americans and Wall Street and Silicon Valley investors.

May 8, 2025 - 14:15
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Trump’s plan to increase tax on rich could hit most U.S. businesses
President Donald Trump could upend decades of Republican tax orthodoxy with new proposals to raise taxes on wealthy Americans and Wall Street and Silicon Valley investors.

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