The Trump administration is considering raising taxes on the wealthiest Americans as part of a broader effort to support President Donald Trump’s pledge to cut taxes on tipped income. According to senior administration sources, the potential tax shift is being explored as a way to balance fiscal priorities while delivering relief to working-class Americans.

Officials believe that increasing taxes on high-income earners could help offset the revenue impact of reducing taxes on tips. Such a move may also serve to address concerns about the growing federal deficit and criticism that Republican tax policies disproportionately benefit the wealthy.

Some within the administration view the proposal as a strategic measure to show responsiveness to economic inequality while maintaining the president’s broader tax agenda. By shifting the focus to top earners, the administration could secure political backing for populist reforms that target workers in the service industry.

U.S. Treasury Secretary Scott Bessent has reportedly been holding regular meetings with Republican congressional leaders to explore pathways for implementing President Trump’s tax policy goals. These discussions are aimed at identifying feasible options that align with both political and economic considerations.

The plan, if implemented, would represent a significant pivot in traditional Republican tax strategy—favoring targeted adjustments over uniform cuts. It may also reflect an effort to fulfill campaign commitments without exacerbating long-term fiscal challenges.

Officials stress that talks remain in early stages, and no final decision has been made. Nonetheless, the consideration of such a policy marks a noteworthy development in the administration’s approach to tax reform as it enters the next phase of its legislative agenda.

Further details are expected in the coming weeks as the White House continues to evaluate its options and prepares potential proposals for congressional review.