White House Pushes for Capital Gains Tax Cut as Part of Next Coronavirus Relief Bill

The Trump administration on Tuesday revealed it is considering a capital gains tax cut as well as other tax-cut proposals as part of a future coronavirus relief bill.

President Trump and his allies are also pushing for liability protection for businesses affected by the coronavirus pandemic.

“Well run States should not be bailing out poorly run States, using CoronaVirus as the excuse!” the president wrote on Twitter. “The elimination of Sanctuary Cities, Payroll Taxes, and perhaps Capital Gains Taxes, must be put on the table. Also lawsuit indemnification & business...