United States President Donald Trump has revealed that he is contemplating the elimination of capital gains tax on home sales in a bid to stimulate the real estate market. He emphasized that such a measure would alleviate the tax burden on homeowners, potentially sparking a resurgence in the housing market and encouraging sellers to reduce their asking prices. Trump further expressed confidence that a reduction in interest rates by the Federal Reserve could yield similar benefits. On Tuesday, during a statement at the White House, Trump remarked, "We are contemplating the exemption of capital gains tax on home sales, but if the Federal Reserve lowers interest rates, it might render such a step unnecessary." This proposal is being championed by Trump's ally, Representative Greene, who has introduced the "Home Sale Tax Exemption Act," aiming to abolish the federal capital gains tax on the sale of primary residences.