President Donald Trump told Time magazine that he loves “the concept” of raising taxes on millionaires in America.

In an interview with Time on Tuesday that was released Friday, Trump said about the potential big earners’ tax hike, “I love that. I actually love the concept.”

Trump backpedaled a bit as he clarified his position, saying “But I don’t want it to be used against me politically, because I’ve seen people lose elections for less, especially with the fake news.”

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