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Recent comments by President Trump have thrown some cold water on hopes that he will soon order the IRS to index the capital gains tax, ending the taxation of phantom, inflationary gains.
“I’ve studied indexing for a long time and I think it will be perceived – if I do it – as somewhat elitist. I don’t want to do that,” President Trump recently told a gaggle of reporters at the White House.
Does that mean the president now disagrees with his top…