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An open letter to President-Elect Trump: A market in crisis

Housing Wire

Respectfully, while I agree with the need for improvement in these areas, this strategy is akin to swallowing an aspirin in 2027 for a migraine you have today. If one would normally pay 20% based upon their tax bracket, they will pay 10% instead. Per the IRS, the largest bucket of filers pay a cap gains tax at 15%. Neither are lenders.

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