Trump Open to Raising Taxes, Minimum Wage

Days after Donald Trump's last Republican opponent dropped out of the race, Trump is beginning to sound more liberal on economic policy.

On Sunday, Trump told Chuck Todd that he's open to raising taxes and raising the minimum wage.

When asked about his tax plan, which he calls, "the biggest tax cut by far of any candidate," Trump said taxes should be raised on the wealthy.

"I come up with the biggest tax cut by far of any candidate. Anybody. And put it in. But that doesn't mean that's what we're going to get. We have to negotiate. The thing I'm going to do is make sure the middle class gets good tax breaks, because they have been absolutely shunned. The other thing, I'm going to fight very hard for business. For the wealthy, I think frankly it's going to go up. You know what, it really should go up."

Trump went on to explain his proposal is the floor from which negotiations occur, adding, "I have no illusions, I don't think that's going to be the final plan. Because they are going to come to me, including the Democrats and everybody else, come to me and want to negotiate."