If our gains were indexed I wonder how many old timers Americans, would be more likely to trim their brkb holdings, depending on how the new rates were structured? “ If this wasn't in Barron's I would think it's fake. More tax cuts for the top 10 % ? Unbelievable.

" Trump Considers Changing Capital-Gains Taxes. What It Means.

The Trump administration may be considering a proposal to cut capital-gains taxes by indexing gains to inflation. Experts say the change would overwhelmingly benefit wealthy Americans. The concept is that only returns above inflation count as profits, meaning lower tax bills for individuals who report gains.

• National Economic Council Director Kevin Hassett recently told Fox News that President Donald Trump is looking for new policy ideas that could give voters more incentives to support Republicans in November. Fox host Larry Kudlow said he recently discussed capital gains indexing with Trump.

• Proponents argue that the policy, which has been floated by Republicans as far back as President George H.W. Bush, would benefit middle class taxpayers. But the math suggests that the vast majority of the benefits would be enjoyed by the wealthiest Americans.

• About two-thirds of all capital gains reported in 2023 came from households with at least $1 million in income, according to IRS data. Households earning $75,000 to $100,000—the typical American income range—accounted for just over 1% of total capital gains. That gap has major implications.

• Last year, Republican Senators Ted Cruz and Thom Tillis introduced legislation that would index capital gains to inflation on assets held for more than three years. The bill was referred to the Committee on Finance, but has yet to receive a vote.

What’s Next: Sen. Tillis says the “bill brings much-needed fairness to the tax system and helps families keep more of what they earn.” But critics say the policy would provide little benefit to most Americans.

—Elijah Nicholson-Messmer "