President Donald Trump is considering a small tax increase for wealthy Americans to help pay for his priorities to boost the middle and working classes. A source familiar with Trump's thinking told Fox News Digital that Trump is considering allowing the rate on individuals making $2.5 million or more to increase by 2.6%, from 37% to 39.6%.

President Donald Trump is pushing lawmakers to increase tax rates on some of the wealthiest Americans as a way to offset other cuts in his signature economic package.

From extending the tax cuts he signed into law in 2017 to ending taxes on tips, overtime pay, Social Security benefits and more, President Donald Trump has never made a secret of his goal to make sweeping changes to the U.