The Trump Tax Trap: A Distraction from Broader Economic Reality The White House has been considering a cut to capital gains tax on home sales, part of an effort to woo voters ahead of the midterm elections.
National Economic Council Director Kevin Hassett and Larry Kudlow have floated this idea as a way to help homeowners.
On its face, reducing the capital gains tax might seem appealing to homeowners looking for relief from what they see as an unfair burden.