>>20095310>>20095326>>20095349currently you only pay taxes on 50% of your capital gains. if u buy a house for 10$ and it goes to 20$, and sell it. you only pay taxes on 5$.
this change would make it so you pay taxes only on 50% of the profit up to 250k. and after 250k you pay taxes on 66% of the gain.
its not 66% capital gains tax.