Davriellelouna@lemmy.world to News@lemmy.world · edit-21 month agoUS considering removing tax on capital gains on home sales, Trump sayswww.reuters.comexternal-linkmessage-square16linkfedilinkarrow-up1155arrow-down12
arrow-up1153arrow-down1external-linkUS considering removing tax on capital gains on home sales, Trump sayswww.reuters.comDavriellelouna@lemmy.world to News@lemmy.world · edit-21 month agomessage-square16linkfedilink
minus-squareoxjox@lemmy.mllinkfedilinkEnglisharrow-up65·1 month 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-up5·1 month 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.