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Speaker Mike Johnson Voices Scepticism Over Rumoured Plans to Lift Top Tax Rate

Speaker
International Business Times Fews App News Provider
Fews App Post Time há 2d

House Speaker Mike Johnson says he’s ‘not a big fan’ of raising the top tax rate to 40% for those earning over £780K. On 13 April 2025, House Speaker Mike Johnson, a Louisiana Republican, sparked debate by expressing reservations about a rumoured proposal to raise the top tax rate for Americans earning over £780,000 ($1 million) annually. The idea, reportedly floated within GOP circles to offset costs of an ambitious tax package, has met resistance from Johnson, who told Fox News Sunday, 'I'm not a big fan of that idea, I'll just say that'Yahoo News.

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