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There should never be capital gains on homes.

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Wendy O

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14,417 views • 1 month ago •via X (Twitter)

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"Capital gains tax should be 40%, not 15%. Labor should pay less. Capital should pay more. That would be a fair tax policy." - david friedberg
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A Capital Gains Tax on nominal gains = tax on wealth you never even made. How is that “fair”?
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A Capital Gains Tax on nominal gains = tax on wealth you never even made. How is that “fair”?

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🏠Property taxes have become a tax on unrealized capital gains and it's causing people to lose their homes.
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MASSIVE: 🇺🇸 President Trump is considering a BILL that would ELIMINATE ALL CAPITAL GAINS TAX on home sales. Zero capital gains tax on $BTC has to be next.
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‘Andy Burnham has never had a real job before.’ Former Conservative special adviser James Price believes Andy Burnham should listen to Tony Blair, and says equalising capital gains and income tax would be ‘unbelievably disastrous’.
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Seattle has nearly twice as many homes for sale as it should. And buyers still aren't showing up. Tech layoffs, outbound migration, capital gains taxes, and years of policy failure gutted the buyer pool. Now sellers are sitting on listings nobody wants.
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Eliminating the capital gains tax on primary homes could free millions to sell, increasing supply and easing costs. Local zoning reform is the other key. Supply + policy = real housing relief!
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Eliminating the capital gains tax on primary homes could free millions to sell, increasing supply and easing costs. Local zoning reform is the other key. Supply + policy = real housing relief!

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🚨Coming up on Dewbs & Co: 🥼Should doctors and consultants be able to go on strike at the same time? 👮 Do you consent to being policed the way we are in the UK? 👦 Should 16 year olds be legally allowed to change gender? 🏡 Should you pay capital gains on your home? 6pm-7pm.
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President Donald Trump said the administration is considering ending capital gains taxes on home sales to boost the housing market. Sellers remain unmotivated to list their homes and take on a new mortgage at a higher rate. “If the Fed would lower the [interest] rates, we wouldn’t even have to do that,” he said. “But we are thinking about no tax on capital gains on houses.”
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President Donald Trump said the administration is considering ending capital gains taxes on home sales to boost the housing market. Sellers remain unmotivated to list their homes and take on a new mortgage at a higher rate. “If the Fed would lower the [interest] rates, we wouldn’t even have to do that,” he said. “But we are thinking about no tax on capital gains on houses.”

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Real Estate Guy breaks down effect of Kamala Harris Capital Gains Tax Plan...... (please repost) - Capital Gains Tax will inflate homes by 50% overnight. - It will send USA into a long recession ... - Rich people will own everything. Kamala Harris plan will destroy the American Economy

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'I’ve worked since 1962. I want to pass what I’ve earned to my grandchildren, not to people coming here who’ve never done a day’s work!' This South London woman says scrap inheritance tax, and fears Labour will go even further with capital gains on family homes.
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'I’ve worked since 1962. I want to pass what I’ve earned to my grandchildren, not to people coming here who’ve never done a day’s work!' This South London woman says scrap inheritance tax, and fears Labour will go even further with capital gains on family homes.

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“The 50% capital gains ‘discount’ isn’t always a discount.” When inflation eats into your gains, the real tax burden can actually be higher. Adam Creighton tells you the truth about capital gains tax. 📺 Watch more at the link in our bio:
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“Tiruchirappalli should be made second capital of TN and a Secretariat should be built there. This will reduce traffic congestion in Chennai.” - MDMK MP Durai Vaiko
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I have a crazy idea: Hedge funds and private equity firms should NEVER be allowed to own single-family homes.
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I have a crazy idea: Hedge funds and private equity firms should NEVER be allowed to own single-family homes.

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Dave Hughes slams Victoria's real estate market, calling it a "terrible place to invest." He argues that changes to capital gains tax won't matter much there because Victoria hasn't seen any "capital gains or house sales growth in 10 years."🤔 #auspol
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Dave Hughes slams Victoria's real estate market, calling it a "terrible place to invest." He argues that changes to capital gains tax won't matter much there because Victoria hasn't seen any "capital gains or house sales growth in 10 years."🤔 #auspol

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There should be limits on this.
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There should be limits on this.

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