End the Biden inflation tax

The article argues that President Trump is reportedly considering capital gains tax reforms, including indexing capital gains for inflation and expanding exemptions for home sales, and presents those proposals as a way to address the housing affordability crisis. It cites factors linked to the Biden administration: high inflation, energy mandates raising homebuilding costs, and record illegal immigration adding pressure to an estimated shortage of nearly 5 million housing units. The piece says inflation has intensified a “lock-in” effect because capital gains taxes apply when homes are sold, while gains can be avoided through holding property until death via stepped-up basis. It also claims current exclusion limits ($250,000 for singles, $500,000 for couples) have not been updated since 1997.