Amid reports he asked congressional leaders to include a tax increase for the richest Americans in the budget, President Donald Trump on Friday reflected on the downside of such a proposal unpopular with Republicans.

“The problem with even a ‘TINY’ tax increase for the RICH, which I and all others would graciously accept in order to help the lower and middle income workers, is that the Radical Left Democrat Lunatics would go around screaming, “Read my lips,” the fabled Quote by George Bush the Elder that is said to have cost him the Election,” Trump posted to his Truth Social media platform on Friday.

The president then disputed that the infamous quote uttered by then-President George H.W. Bush doomed Bush’s re-election campaign, which he lost in 1992 to Bill Clinton.

“NO, Ross Perot cost him the Election!” Trump said.

The president, whom The New York Times reported asked House Speaker Mike Johnson, R-La., on Wednesday to include a tax hike on the rich in the budget, ended his Truth Social post with a lukewarm endorsement of a tax hike.

“In any event, Republicans should probably not do it, but I’m OK if they do!!!”

Trump’s plan would add a new tax bracket for people making more than $2.5 million a year, according to The Times.

Those who fall in that bracket would be taxed at a rate of 39.6% for any income above $2.5 million.

The Times noted that proposal would do away with the tax cuts for wealthy Americans Trump signed during his first term.

Several Republican lawmakers and conservative pundits are against the Trump proposal, according to the Hill.