Investors Welcome Treasury’s Proposal on Capital Gains

Investors Welcome Treasury’s Proposal on Capital Gains
Treasury Secretary Steven Mnuchin (L) speaks at the 3rd Annual Invest in America Summit at the U.S. Chamber of Commerce in Washington on Feb. 27, 2018. The Treasury Department is currently working on a plan to change the capital gains tax. Samira Bouaou/The Epoch Times
Emel Akan
Emel Akan
Reporter
|Updated:

WASHINGTON—The Trump administration is considering a change to the capital gains tax, a move that would benefit investors. While Democrats have bashed the plan, some experts have applauded the effort and are urging the government to stop penalizing savings with high taxes.

This change will be a “major plus” for investors, encouraging them to invest more in the United States, said Lewis Walker, a financial planning and investment strategist at Capital Insight Group.

Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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