Davriellelouna@lemmy.world to News@lemmy.world · edit-22 months agoUS considering removing tax on capital gains on home sales, Trump sayswww.reuters.comexternal-linkmessage-square16linkfedilinkarrow-up1155arrow-down12cross-posted to: usa@midwest.social
arrow-up1153arrow-down1external-linkUS considering removing tax on capital gains on home sales, Trump sayswww.reuters.comDavriellelouna@lemmy.world to News@lemmy.world · edit-22 months agomessage-square16linkfedilinkcross-posted to: usa@midwest.social
minus-squareoxjox@lemmy.mllinkfedilinkEnglisharrow-up65·2 months ago “You worked for it. You should keep it. Let’s get this bill passed!” Greene said. No. You did not work for it. That’s the point of capital gains tax. Additionally, you can already exclude 250k single / 500k married. https://www.irs.gov/publications/p523
minus-squareRagingRobot@lemmy.worldlinkfedilinkarrow-up5·2 months agoMoving their money from one account to another is the only “work” these people know. They think that is an actual skill.
No. You did not work for it. That’s the point of capital gains tax.
Additionally, you can already exclude 250k single / 500k married. https://www.irs.gov/publications/p523
Moving their money from one account to another is the only “work” these people know. They think that is an actual skill.