‘If the Fed would lower the [interest] rates, we wouldn’t even have to do that,’ Trump said.
President Donald Trump delivers remarks at the White House in Washington on July 14, 2025. Kevin Dietsch/Getty Images
|Updated:
President Donald Trump has confirmed that he is considering abolishing the capital gains tax on houses.
“We’re thinking about that,” Trump said on July 22 when asked if the administration is considering removing the tax to improve the U.S. housing market.
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of “The War on Cash.”
