Republicans Eye Capital Gains Tax Cut

GOP’s midterm fix for voter anxiety is tax cuts — for the wealthy: report

Republicans are reaching back into their old playbook to try to attract voters to support them in the midterms: tax cuts.But their efforts are tied to lowering taxes on capital gains — such as stocks and homes — which could disproportionately favor wealthy Americans. Bloomberg News reports that some Republicans want to tie capital gains taxes to inflation, which could reduce the tax burden. “It would be the biggest step we could do to counteract…

Republicans Eye Capital Gains Tax Cut to Ease Voters’ Anxieties

Republican lawmakers are looking at ways to lower taxes on capital gains as the party searches for new ways to woo voters worried about the cost of living heading into November’s midterm elections.

Republicans Eye Capital Gains Tax Cut

Bloomberg: “Republican lawmakers are looking at ways to lower taxes on capital gains as the party searches for new ways to woo voters worried about the cost of living heading into November’s midterm elections.” “A proposal to index capital gains for inflation could be in play for a tax-and-spending package later this year, though the likelihood of a bill coming together before the midterms remains a long shot. Some Republicans have also pushed P…