"Trump Eyes Legal Challenge to Block Luxury Tax Hike: In a move that could further escalate the ongoing feud between the White House and the wealthy elite, President Donald Trump announced on Tuesday that he is considering a federal lawsuit to prevent a proposed tax hike on luxury second homes. The progressive surcharge, which aims to raise revenue for the government, has been met with fierce resistance from high-end property owners and their advocates. As the administration weighs its options, the fate of the tax increase hangs in the balance, sparking concerns about the potential impact on the country's already strained housing market."
Aug 11 (Reuters) - U.S. President Donald Trump said on Tuesday that he was assessing whether the federal government could mount a legal challenge to avert a progressive surcharge on luxury second ...
