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Financial Markets
US considering removing tax on capital gains on home sales, Trump says
PositiveFinancial Markets
The Trump administration is reportedly weighing a plan to eliminate capital gains taxes on profits from home sales, which could mean big savings for homeowners looking to sell. While details are still fuzzy, the move would likely aim to boost the housing market and put more cash in sellers' pockets—though critics might argue it disproportionately benefits wealthier property owners.
Editor’s Note: If this happens, selling your home could suddenly become a lot more lucrative—no more giving Uncle Sam a cut of your profit. But it’s not just about individual windfalls; this could shake up the whole housing market by encouraging more sales and possibly driving up demand. Of course, like any tax change, there’s debate over who really wins (and who gets left out). Keep an eye on this—it could be a game-changer for homeowners and buyers alike.
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Why World Pulse Now?
Global Coverage
All major sources, one page
Emotional Lens
Feel the mood behind headlines
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Know what’s trending, globally
Read Less, Know More
Get summaries. Save time
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Learn moreLive Stats
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191
Last Updated
an hour ago
Live data processing
How it works1-Minute Daily Briefing
Stay sharp in 60 seconds. Get concise summaries of today’s biggest stories — markets, tech, sports, and more