President Trump on Monday said he is considering a capital gains tax cut in an effort to create more jobs.
The statement comes days after Trump …
President Trump on Monday said he is considering a capital gains tax cut in an effort to create more jobs. The statement comes days after Trump signed executive orders to extend unemployment benefits and an eviction moratorium and to reduce the payroll tax after negotiators were unable to reach an agreement on a coronavirus relief package. “We’re looking at also considering a capital gains tax cut, which will create a lot more jobs,” Trump said Monday during a briefing. “Looking very seriously at a capital gains tax cut, and also at an income tax cut for middle income families,” he added. The action comes as Trump faces a slew of polls showing him trailing presumptive Democratic nominee Joe Biden in the race for the White House. The president has sought to show off his executive actions while blaming Democrats for the stalemate in Congress.
