The Powers That Be: Daily Trump’s Millionaire Tax Fantasy
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Apr 17, 2025 Leigh Ann Caldwell, a journalist focused on Capitol Hill, joins to explore a surprising shift in the Republican Party: the potential for taxing the wealthy. This marks a major change in GOP ideology, especially as Trump’s tax provisions face expiration. They also discuss Elon Musk's declining influence within MAGA circles and how his past financial contributions are impacting political alliances. The conversation highlights evolving dynamics that could reshape future electoral strategies for both parties.
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Raising Taxes: GOP's New Taboo
- Raising taxes is viewed as the "Voldemort" of the Republican Party, rarely discussed openly.
- Yet, discussions are happening, sparked by Donald Trump, showing a potential shift in GOP tax policy.
Tax Pledge vs. GOP New Voices
- The anti-tax pledge remains influential, with many new Republicans adhering to it.
- Some GOP members, including populists like Josh Hawley, show openness to raising taxes for deficit reduction.
Democrats Dismiss GOP Tax Talk
- Democrats are largely ignoring GOP talks of tax hikes on the rich, dismissing them as unrealistic.
- Yet, this could signal a future realignment of Republican policy and voter base priorities.