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Trump's Conflicts of Interest
Featured Series: Trump's Conflicts of Interest
Donald Trump's international web of businesses creates unprecedented potential for conflicts of interest and corruption. And some picks for his administration might have to face their own...

Trump Says He's 'Allowed To Change' His Stances On Taxes, Minimum Wage

In an interview with ABC on Sunday, the presumptive GOP nominee said flexibility is needed.

Donald Trump is now predicting a higher tax rate for the rich than what his plan had publicly laid out.

The presumptive Republican nominee had said taxes against the wealthiest Americans would drop from almost 40 percent to 25 percent. Nonpartisan analysts have predicted those cuts would save the top 1 percent of earners $275,000 apiece

But Sunday on ABC, Trump predicted the tax would end up being higher. 

"Look, when I'm negotiating with the Democrats, I'm putting in a plan. I'm putting in my optimum plan. It's going to be negotiated, George. It's not going to stay there. They're not going to say, 'There's your plan, let's approve it.' They're going to say, 'Let's see what we can do,'" Trump told ABC's George Stephanopoulos. 

That's led some to suggest Trump may be backtracking on his original plan. Days before, while on CNBC, Trump framed his tax stance around the middle class.

"The middle class, many of them haven't had an effective wage increase in 20 years. They're being taxed at a much higher rate. And they're working much harder. It's supposed to be opposite," Trump said on CNBC.

There have been questions about Trump's flexibility on the issue of minimum wage as well. He's said before that he's against increasing it but told ABC that he's "allowed to change" on both tax plans and the minimum wage.

However, it's not completely clear if Trump now supports a mandated increase in the minimum wage or for the wage to rise through economic processes. 

This video includes images from Getty Images and clips from Donald J. Trump for President Inc.ABCCNBCCNN and The Wall Street Journal

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