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Trump says considering cutting capital gains tax, income taxes for middle-income families

U.S. President Donald Trump on Monday said he was considering cutting the U.S. capital gains tax and lowering income taxes for middle-income families to help the U.S. economy recover from the economic fallout of the coronavirus pandemic. "We're ... "And also at an income tax cut for middle-income families."

Reuters | Washington DC | Updated: 11-08-2020 03:52 IST | Created: 11-08-2020 03:52 IST
Trump says considering cutting capital gains tax, income taxes for middle-income families

U.S. President Donald Trump on Monday said he was considering cutting the U.S. capital gains tax and lowering income taxes for middle-income families to help the U.S. economy recover from the economic fallout of the coronavirus pandemic.

"We're ... also considering a capital gains tax cut, which would create a lot more jobs," Trump told reporters at the White House. "And also at an income tax cut for middle-income families."


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