President Donald Trump said Aug. 21 that he’s not looking to cut taxes by indexing capital gains and that doing so would be perceived as “somewhat elitist” as it would benefit the wealthy.
“I’ve studied indexing for a long time,” Trump told reporters at the White House. “I think it will be perceived if I do it as somewhat elitist. I don’t want to do that.”
“I’m not looking at doing indexing. And I haven’t been seriously looking at it,” Trump said. He added: “It’s not something I love.”
Trump made the comments to reporters at the White House a ...