Trump Weighing Effort to Remove Capital Gains Tax on Home Sales

President Donald Trump said he is considering a proposal to end capital gains taxes on home sales in a bid to boost the housing market.

“We’re thinking about that,” Trump said Tuesday in the Oval Office. “But would also unleash it just by lowering the interest rates. If the Fed would lower the rates, we wouldn’t even have to do that. But we are thinking about no tax on capital gains on houses.”