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Experts Doubt The Benefits Of Trump's Proposed Capital Gains Tax Break

by wealthmanagement.com posted 2months ago 39 views
(Bloomberg)—President Donald Trump says giving investors a tax break on their capital gains would trigger growth -- but economists question how much it would juice the economy, especially if he tries to do it without Congress. For the first time since taking office, Trump weighed in publicly about indexing capital gains to inflation -- a policy change that’s been gaining attention since Treasury Secretary Steven Mnuchin said his department was looking at whether it could sidestep Congress and issue a rule directly.

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