Bannon Claims Trump Can Secure Third Term with Wealthy Tax Hike

Former Trump adviser Steve Bannon has publicly advocated for a significant tax cut for working- and middle-class Americans, funded by raising taxes on the wealthy, claiming this approach could help Donald Trump secure support for a third presidential term despite constitutional limits. Bannon asserts that such a policy realignment would distinguish Trump from Democrats, whom he accuses of being beholden to billionaires and failing to enact similar measures. Trump himself has suggested in recent interviews that he is open to increasing taxes on the wealthy to offset the cost of extending his previous tax cuts, though he acknowledges potential political risks and concerns about capital flight. The discussions, reportedly taking place behind closed doors, include proposals to eliminate taxes on tips, overtime, and Social Security benefits for workers. Both Bannon and Trump have hinted at strategies to circumvent the 22nd Amendment's two-term limit, with Bannon even unveiling Trump 2028 campaign merchandise. Critics and legal experts point out that the Constitution clearly bars anyone from being elected president more than twice, but Bannon claims alternative routes are under consideration.