Millionaires Could See Rate Hike In Trump Agenda Bill, House Gop Tax Writer Says

EXCLUSIVE: Congressional Republicans are moving connected a multi-trillion-dollar measure advancing President Donald Trump's schedule – and it could see a humble taxation hike connected able Americans, 1 of nan House GOP's taxation writers said.

"There's perchance immoderate talk astir a taxation hike connected wealthier Americans. I deliberation our extremity successful this committee, and nan president's goal, has been to supply taxation alleviation for nan moving and mediate class," Rep. Nicole Malliotakis, R-N.Y., told Fox News Digital connected Tuesday.

"We person to find a measurement to salary for that, truthful we'll person to spot really this each shakes out."

A elder House GOP adjutant who said pinch Fox News Digital besides alluded to imaginable taxation hikes connected nan table.

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Republicans are crafting a measure to beforehand President Donald Trump's agenda. (AP/Alex Brandon)

"The logic we are successful nan mostly and person nan expertise to do this full process is because of working-class voters, not nan wealthiest Americans," they said. "I judge our taxation package will bespeak that reality."

Malliotakis sits connected nan House Ways & Means Committee, 1 of nan astir captious panels successful nan budget reconciliation process.

Reconciliation lowers nan Senate's transition period from 60 to 51, making it imaginable for nan statement that controls some chambers of Congress and nan White House to walk monolithic argumentation overhauls while sidelining nan opposition, successful this lawsuit Democrats.

The process traditionally originates successful nan House, wherever 7 committees are preparing to meet successful nan adjacent 2 weeks to hash retired policies nether their applicable jurisdictions. Those will past beryllium slotted into a larger fund framework, which is past considered by nan House Budget Committee earlier a chamber-wide vote.

The Ways & Means Committee is responsible for nan taxation portion, a cardinal privilege for Trump. 

Rep. Nicole Malliotakis is simply a personnel of nan House Ways & Means Committee. (ALLISON BAILEY/Middle East Images/AFP via Getty Images)

The president wants Republicans to widen his 2017 Tax Cuts and Jobs Act (TCJA) while besides providing for a slate of caller taxation policies for illustration eliminating duties connected tips, overtime pay, and Social Security checks for retirees.

Republicans are presently studying avenues to salary for those priorities.

Malliotakis signaled a firm taxation complaint summation was apt disconnected nan table, but she's among respective Republican lawmakers who said they would beryllium unfastened to a mini taxation hike connected nan able to salary for Trump's mediate and working-class priorities.

"Personally, I deliberation that that should beryllium connected nan array if we're not going to make spending cuts. But I dream we make spending cuts," House Freedom Caucus Chairman Andy Harris, R-Md., told Fox News Digital.

But others said they were opposed.

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"I don't deliberation we person a gross problem. I don't deliberation we should beryllium looking for places to adhd revenue. I deliberation we person a spending problem. Congress spends measurement excessively overmuch money, excessively ample of a information of our GDP. We request to find ways of cutting spending," Rep. Eric Burlison, R-Mo., said.

It's not instantly clear what style specified a taxation hike could take. Republicans person discussed imaginable proposals, including raising nan apical taxation bracket by astir 1% aft it was lowered by astir 2% successful TCJA. Another connection would create a caller taxation bracket for millionaires, perchance of up to 40%.

House Ways & Means Committee Chairman Jason Smith, R-Mo., would not stock immoderate specifications of nan forthcoming scheme erstwhile asked astir a imaginable taxation hike.

Chairman of nan House Ways & Means Committee, Rep. Jason Smith, R-Mo., would not stock details. (House Ways & Means)

"There's a batch of things that I've been reference successful nan property that person not been accurate, but I'm not going to opportunity whether it's meticulous aliases not, and they'll spot nan measure whenever we present it correct earlier markup," Smith told Fox News Digital.

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"But what I will opportunity is, is that we will person a taxation measure that is pro-growth, pro-jobs, pro-family, pro-small business, and pro-workers. And Republicans judge successful making judge that Americans support much of their hard-earned dollars, and you'll spot a taxation package that does."

He said Americans would apt get to spot that scheme successful a matter of "days, not months."

Fox News Digital's Deirdre Heavey contributed to this report