Washington D.C. - Former Vice President Mike Pence has urged House Republicans to 'stand firm' in their commitment to the tax cuts enacted during the Trump administration. Pence's remarks come as the White House explores options for raising revenue, including a potential tax increase targeting millionaires.
Speaking to Republican lawmakers, Pence emphasized the economic benefits of the 'Trump-Pence' tax cuts, arguing that they stimulated growth and created jobs. He stated that making these tax cuts permanent would provide stability and certainty for businesses and individuals.
The debate over tax policy is expected to intensify in the coming months as Congress considers various proposals to address the national debt and fund government programs. Republicans generally favor lower taxes and reduced government spending, while Democrats often advocate for higher taxes on the wealthy to fund social programs and reduce inequality. The White House has yet to formally propose a specific tax plan, but the possibility of a millionaire tax hike has already drawn criticism from Republicans.
Pence Urges GOP to Keep Trump Tax Cuts Amid Hike Debate
Former Vice President Mike Pence is encouraging House Republicans to maintain the tax cuts previously enacted under the Trump administration. His call comes as the White House considers potential tax increases for high-income earners. Pence emphasized the importance of making the 'Trump-Pence' tax cuts permanent, arguing it would boost the economy. The debate highlights ongoing divisions over tax policy and its impact on different income levels.