Trump’s Capital Gains Tax Proposal Prompts Homeowners to Delay Sales Amid Housing Crunch
Trump’s Capital Gains Tax Proposal Prompts Homeowners to Delay Sales Amid Housing Crunch President Donald Trump’s recent statement about potentially eliminating the capital gains tax on home sales is causing a stir among homeowners, with some now delaying property listings in anticipation of a significant tax cut. The proposal, aimed at boosting housing inventory amidst high interest rates, comes as bipartisan efforts in Congress are already underway to reform the existing tax. Many older Americans, like Joel Friedman, 71, and…