- An option under discussion in the Trump administration is allowing the top tax rate to go back up to help cover tax cuts on income earned via tips, a senior White House official told Axios. That comes as President Donald Trump's tax cuts from his first term are due to expire at the end of the year, while Congress works on legislation to extend them.
The Trump administration is considering an option to let the tax rate on the wealthiest Americans go back up to help pay for tax cuts on income earned from tips, a senior White House official told Axios.
