Donald Trump Is Thinking About Inflation-Indexed Capital Gains
U.S. President Donald Trump is considering indexing capital gains to inflation, as indicated by him in a Bloomberg interview.
If implemented, the indexing could potentially lower tax liabilities on income generated from selling financial securities since the original purchase price would be adjusted for inflation. According to estimates from the non-partisan Congressional Research Service, corporate stock with dividends held for 10 years would be subject to an effective tax rate of 21.4% if the holdings are indexed to inflation, versus 24.3 % under existing law.
Trump’s economic adviser, Larry Kudlow says that the policy would boost job creation and economic growth. Treasury Secretary Steven Mnuchin said in July that his department was thinking about whether it could sidestep Congress and issue a rule that would let capital gains be indexed to inflation.
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Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
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