Talk Of Raising Taxes On Millionaires Swirls As Republicans Draft Trump's 'big, Beautiful Bill'

Why not tax the millionaires?

As Congress begins drafting a massive package for President Donald Trump's "big, beautiful bill" with trillions of dollars in tax breaks and federal program cuts, it's a question that won't seem to go away.

Trump himself has mused he'd "love" to tax wealthier Americans a little bit more, but the Republican president has also repeatedly walked it back. This week, the president dismissed a tax hike as "disruptive" when asked about it at the White House.

But still it swirls.

And it's setting up a potential showdown between the old guard of the Republican Party, which sees almost any tax hike as contrary to the GOP goal of slashing government , and its rising populist-nationalists, who view a millionaire's tax as championing working-class voters who helped deliver the White House.