Letters: Trump is entitled to eliminating power gain tax on the sale of housing

Letters: Trump is entitled to eliminating power gain tax on the sale of housing

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FREE HOUSE SALE
of power gain tax

In a recent article, the Wall Street Journal reported That President Trump is investigating the removal of power gain tax on housing sales to stimulate the housing market.

This would be a big advantage for homeowners, especially in the Bay Area, where house prices have rated. The range of available houses would increase for those who want to buy, because old homeowners would no longer have to fear confiscatory taxes on their profit if they were sold.

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