Trump's Millionaire Tax More Of A Symbolic Gesture Than Step Towards Reducing Inequality, Warn Experts: 'It's Going To Give A Lot Of Republicans Heartburn'

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Trump's Millionaire Tax More Of A Symbolic Gesture Than Step Towards Reducing Inequality, Warn Experts: 'It's Going To Give A Lot Of Republicans Heartburn'

benzinga.com/25/05/45341262/trumps-millionaire-tax-more-of-a-symbolic-gesture-than-step-towards-reducing-inequality-warn-experts-its-going-to

President Donald Trump‘s proposed millionaire tax, which aims to increase the tax rate on income over $2.5 million, is being seen as largely symbolic and unlikely to significantly impact revenue or inequality by experts.
What Happened: Howard Gleckman, from the Urban-Brookings Tax Policy…

This story appeared on benzinga.com, 2025-05-12 07:57:34.