Learn what Trump’s new tax proposal could mean for capital gains on home sales, and how it affects both homeowners, seniors, and the housing market. Learn who benefits, who might be left out, and what to expect if this plan becomes law.
In today's news update, we explain Trump’s proposal to remove capital gains tax on home sales and what it could mean for the housing market, homeowners, and seniors. You’ll learn how capital gains tax works, why it hasn’t been updated in years, and who stands to gain or lose the most from this potential change. Topics include home equity, housing affordability, tax fairness, investor impact, and possible inflation. It also covers how seniors with large equity might benefit, while younger or first-time buyers may not. You'll understand the real-world effects on selling, buying, and investing in homes, as well as the broader policy debate over wealth and fairness. Whether you're planning to sell or just want to understand your financial future, this helps you make sense of a complex issue in plain language.
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Money Instructor has been a leading resource in financial education for over two decades, empowering people with essential topics in financial literacy. Our coverage spans personal finance, money management, saving money, budgeting, investing, business fundamentals, taxes and taxation, Social Security, retirement planning, tax credits and refunds, economic stimulus checks and payments, as well as debt management—including credit card debt and interest rates. Additionally, we explore monetary policy, inflation, housing market trends, government legislation, political news, stock market dynamics, economic trends, improving credit scores, career development, housing and rent issues, and strategies for wealth building. We help ensure you are well-informed and updated with the latest news and developments in these areas.
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Money Instructor does not provide tax, legal, investing, or financial advice. This content is for general informational and educational purposes only and not meant as professional advice. Consult your own advisors for specific guidance. The information provided may not reflect the most current legal or financial developments. Viewers are encouraged to verify the currency of the information.
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