Trump administration floats capital gains tax cut on home sales — what to know

CEI’s Ryan Young was cited in the Washington Examiner regarding possible tax cut.

Ryan Young, a senior economist at the Competitive Enterprise Institute, told the Washington Examiner that there might be one more big must-pass bill before the end of the year to keep the government from shutting down, and lawmakers could try to stick it in that.

“So that would be the most likely vehicle because I don’t think a standalone version of that would pass the Senate; it’s not going to get 60 votes,” Young said.

Young also said that he doesn’t think it would really help ordinary voters and the housing market too much. He pointed out bigger issues with constructing housing stock, such as regulatory costs and environmental reviews.

“So I think maybe they’re just trying to get across that they’re at least acknowledging that affordability is something the administration is talking about,” Young said.

Read the full article in the Washington Examiner.