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The proposal would create a tiered system of taxation so that wealthy colleges and universities pay more as the size of their endowment grows.
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Trump floats raising taxes on the rich to pay for his sweeping tax and spending cuts package CNNLive updates: Trump warns Republicans could face political fallout for a tax hike on rich The Washington PostTrump backs tax hike on rich, but says GOP 'should probably not do it' CNBC
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Trump backs tax hike on rich, but says GOP 'should probably not do it' CNBCTrump floats raising taxes on the rich to pay for his sweeping tax and spending cuts package CNNTrump flip-flops on millionaire tax hike amid GOP budget feud New York Daily NewsLive updates: Trump warns Republicans could face political fallout for a tax hike on rich The Washington Post
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President 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.
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