Davriellelouna@lemmy.worlddeleted by creator to News@lemmy.world · 1 year 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.worlddeleted by creator to News@lemmy.world · 1 year agomessage-square16linkfedilink
minus-squareoxjox@lemmy.mllinkfedilinkEnglisharrow-up65·1 year 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 year 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.