Politics

BREAKING: Texas Rep Introduces 'Don't Tax the American Dream Act' to ELIMINATE Capital Gains on Home Sales

Gary FranchiJanuary 17, 202679 views
BREAKING: Texas Rep Introduces 'Don't Tax the American Dream Act' to ELIMINATE Capital Gains on Home Sales
Photo by Generated on Unsplash

A Texas Republican is taking direct aim at the tax policies that have crushed American homeowners under the failed Biden regime. Rep. Craig Goldman (R-TX) has introduced the "Don't Tax the American Dream Act," bold legislation that would completely eliminate federal capital gains taxes on primary residence sales for homeowners who have lived in their property for at least two years.

The groundbreaking bill would remove the existing dollar limits on capital gains exclusions that have trapped millions of American families in a web of federal taxation when they try to sell their homes. Under current law, homeowners face caps that force them to pay Uncle Sam when they've done nothing more than own property in an America where Biden's policies drove housing costs through the roof.

Finally, Someone Fighting for Real Americans

This is exactly the kind of pro-American, anti-establishment legislation that Patriots have been demanding. While Democrats spent four years destroying our economy and making homeownership nearly impossible for working families, Goldman is stepping up to defend the American Dream itself.

Think about it: Why should hardworking Americans who've invested in their communities, maintained their properties, and played by the rules get hammered with capital gains taxes when they sell the home they've lived in for years? It's nothing more than government theft, plain and simple.

Perfect Timing for Trump's Second Term

Goldman's legislation arrives at the perfect moment, as President Trump begins his historic second term with a mandate to drain the swamp and restore prosperity to American families. This bill aligns perfectly with Trump's America First agenda and his promise to cut the bureaucratic red tape that's strangling middle-class families.

The beauty of this proposal is its simplicity: if you've lived in your home for two years or more, the federal government keeps its greedy hands off your property sale. No caps, no limits, no bureaucratic nonsense – just freedom.

While establishment politicians in both parties have spent decades complicating the tax code to benefit their cronies, Goldman is fighting to simplify it for the people who actually matter: everyday Americans trying to build wealth and secure their families' futures.

Will this common-sense legislation get the support it deserves, or will the swamp try to protect its revenue streams? Patriots across the nation will be watching closely.

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Gary Franchi

Award-winning journalist covering breaking news, politics & culture for Next News Network.

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P
PatriotMom2024Verifiedjust now
FINALLY! Someone in Congress who understands that families shouldn't be punished for building wealth through homeownership. This is exactly what America needs right now!
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TexasStrongVerifiedjust now
Agreed! Home ownership is the foundation of the American Dream and we shouldn't be taxed for achieving it.
C
ConservativeBuilderVerifiedjust now
About time we stop penalizing success! People work their whole lives to build equity in their homes, then the government wants a piece when they sell. This bill makes perfect sense.
F
FreeMarketFanVerifiedjust now
Does anyone know if this applies to investment properties too or just primary residences? Either way, it's a step in the right direction toward real tax reform.
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SmallGovAdvocateVerifiedjust now
This would be huge for retirees who need to downsize but are stuck because of capital gains taxes. My parents have been in this exact situation for years - they want to sell their family home but can't afford the tax hit.
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RetiredVet71Verifiedjust now
Same here! We've been putting off selling because of the tax implications. This could be a game changer for seniors.
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RonaldReaganFanVerifiedjust now
YES! Lower taxes = more money in hardworking Americans' pockets where it belongs. Hope this gets bipartisan support but I won't hold my breath with Democrats in charge.