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It looks at how much your asset appreciated and the fact that you can only pay tax on what remains. David you will pay a Capital Gains tax, but it will be inflationadjusted. The president says that will create a lot of jobs. Why would it . Laura economists dispute that point and say it does not do much for Economic Growth and incentivizes old investment, not new investment. In terms of the jobs and when economists model this out, it is mainly. 1 for the long run. David how does congress feel about this . Congress gets to decide about taxes. Is there support for this move at least by republicans on the hill . Laura there are some republicans that supported this. Ted cruz has been putting the Trump Administration to do this. This is not political really viable this is not politically viable in congress. You look at j ....
Form of intergenerational wealth when matt we are family and you can see the rest of that story and others champions for change will air Saturday Night here at 9 00 p. M. Eastern on cnn thank you so much for joining us. Well see you were special coverage of trumps trial starting early tomorrow morning for now, seeing a news night that we fill up against the sidebyside comparison that americans desperately need. That lets tonight on newsnight good evening. Im abby phillip in new york tonight, a date for mustsee television right here on cnn june 27. That is one cnn will host President Biden and former President Trump or the first president ial debate. It is the earliest debate in the election cycle in modern history. And it marks an end run essentially around the commission that normally sets the terms and the times of t ....