Steve Bannon Claims Trump Will Win a Third Term by Taxing the Rich: ‘It’s Going to Help Him’

Steve Bannon said President Donald Trump will run for a third term in 2028 and may support a tax increase on wealthy Americans to help secure an election win.

The former White House chief strategist made the remarks during a Friday interview with NewsNation’s Chris Cuomo.

Bannon said internal discussions are underway about tax policy and suggested Trump is considering a major tax cut for working and middle-class Americans.

To offset the cost, Bannon claimed Trump will raise taxes on wealthier Americans en route to a 2029 inauguration.

During a discussion about Trump’s prospects for bringing manufacturing jobs back to the U.S., Cuomo challenged Bannon on whether Trump was actually considering a tax hike on the rich.

“The jobs of the future are STEM jobs,” Cuomo said. “You have to prepare for them. So you’re not gonna be cutting people’s taxes and investing at the same time.” Bannon replied:

This is being fought behind closed doors right now, and I’m telling you, with the massive tax cut, in addition, he’s going to give the working class and the middle class, the math only works out if you actually increase taxes on the wealthy. You talked about the manufacturing. President Trump, I strongly – I believe will do it. And I think one of the things he talked about is he said politically, it might hurt him. Politically, it’s going to help him in his reelect in 2028.

Bannon also claimed during the interview that Trump wanted to raise taxes on the wealthy in his first term, but he was advised against it by his son-in-law, Jared Kushner, who Bannon called a “liberal” Democrat.

Trump and some of his closest allies have increasingly hinted at the possibility of a third presidential term, despite the US Constitution’s two-term limit.

While the 22nd Amendment bars any individual from being elected more than twice, Trump has pushed the idea for months.

Bannon has theorized that Trump could run and win in 2028 because the 22nd Amendment does not specifically use language regarding “consecutive” terms.

Watch above via NewsNation.