Trump posted on social media that hiking taxes on anyone, even the rich, could stir a political backlash, reviving the “Read my lips: No new taxes” warnings of the Bush-era that helped topple a president. The post came days after he floated the idea of higher taxes on those single filers earning $2.5 million and above.

Trump's Truth Social post shows his willingness to buck traditional Republican opposition to taxing the rich as he seeks to pass his agenda through Congress.