Trump Floats Eliminating Capital Gains Tax

Trump Floats Eliminating Capital Gains Tax

Trump considers eliminating capital gains tax to boost investment and the housing market.

Trump Floats Eliminating Capitol Gains Tax

President Donald Trump is reportedly considering eliminating the capital gains tax, which can boost investment, reward entrepreneurship, and strengthen the economy. By removing the tax on profits from stocks, property, and other assets, the president's move aims to unleash private capital that has…

Trump Should Index the Capital Gains Tax for Inflation

If you bought a stock at the start of the Biden presidency for $10,000 and sold it off four years later at a price of $12,200, you would pay a tax on “the gain” of $2,200. But over that time period everything rose on average by 22% thanks to Bidenflation, so you didn’t really gain anything. This is an unfair tax on phantom gains that penalizes investment. It hurts seniors the most because the longer they hold an asset, the more the inflation pen…