Home / Market Update / Trump Says Considering Cutting Capital Gains Tax

Trump Says Considering Cutting Capital Gains Tax

US President Donald Trump said he is considering reducing the capital gains tax in the United States, as well as reducing income taxes for middle-income families to help the US economy recover from the economic repercussions of the Coronavirus.

“We’re … also considering a capital gains tax cut, which would create a lot more jobs,” Trump told reporters at the White House. “And also at an income tax cut for middle-income families.”

Check Also

Gold Set for Weekly Gain Amid Payroll Miss and Global Uncertainty

Gold prices climbed on Friday, heading for a weekly gain as investors reacted to weaker-than-expected …