Donald Trump Considers Eliminating Capital Gains Tax on Houses

Donald Trump is considering eliminating the capital gains tax on houses, contingent on further interest rate cuts by the Federal Reserve.

Capital gains tax is a tax on the profit from selling assets like real estate, with current rates ranging from 0% to 20% depending on income.

This potential tax cut aligns with Trump's campaign promises and has sparked debate, including concerns about its impact on federal tax revenue and housing affordability. Show Less

https://watcher.guru/news/donald-trump-considers-eliminating-capital-gains-tax-on-houses
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