Trump considered reducing the tax on capital gains, which could benefit Bitcoin holders

United States President Trump is considering a reduction in the tax on capital gains, which may allow investors, including encrypted currency holders, to retain more profits when selling value-added assets. The Trump Plan calls on Congress to link capital gains to inflation and to extend tax exemptions for the sale of certain houses. The former director of the National Economic Commission, Larry Cudelow, indicated that he had recently discussed the indexation of capital gains with Trump. Trump expressed “high interest” in this and hoped that the exemption for the sale of houses would be increased and that the sale of houses valued not more than $2 million would be exempt from capital gains tax. Although no proposals have yet been formally put forward, most changes to the federal tax code require parliamentary approval。