April 24, 2025
Trump says the millionaire tax would push the rich to leave the country
Listen to the article US President Donald Trump said he opposes the introduction of a new tax on millionaires, warning that the highest rates could push rich Americans to leave the country completely. Speaking from the Oval Office, Trump told reporters that while wealthy people once moved from the state to state to avoid higher taxes, modern transport has facilitated international relocation. “In the old days, they left the states,” Trump said. “Now, by transporting so fast and so easy, they leave countries. You lose a lot of money if you do that.” The president added that wealthy citizens are



