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Trump Says He May Eliminate Capital Gains Tax on Home Sales in Effort to Bolster the Housing Market

President Trump said Tuesday he is considering eliminating the capital gains tax on home sales — a potentially massive financial break for sellers.

“We are thinking about no tax on capital gains on houses,” Trump told reporters in the Oval Office during a meeting with Philippines President Ferdinand Marcos Jr.

Trump was responding to a question from Real America Voice reporter Brian Glenn, who is in a relationship with Rep. Marjorie Taylor Greene. The Georgia GOP congresswoman recently introduced a bill in Congress calling for the elimination of the tax on home sales.

Minutes earlier, the president had unloaded on Federal Reserve Chair Jerome Powell for not lowering interest rates.

“It’s causing a problem for people who want to buy a home,” Trump said. (Read more from “Trump Says He May Eliminate Capital Gains Tax on Home Sales in Effort to Bolster the Housing Market” HERE)