Polls
Homeowners Face a Hidden Double Tax on Inflation Pushing Up House Prices
Liberty Check
- Government inflation devalues savings, eroding constitutional property protections.
- Taxing phantom inflation gains double-taxes Americans unconstitutionally.
- Treasury indexing restores fairness, unleashing growth and freedom.
Government inflation diminishes the dollar’s value, making purchases costlier while taxing the resulting phantom gains.
Biden’s 21% inflation boosted home prices without real value increase, yet capital gains taxes apply to that inflated portion.
President Trump can direct Treasury Secretary Scott Bessent to index capital gains for inflation, eliminating this double-dip theft.
Trump said: “Many people like indexing. It can be done very simply. It can be done directly by me.”
Thirty conservative groups urged the Trump administration to end this inflation tax, calling it pro-growth and pro-affordability.
Texas Sen. Ted Cruz and South Carolina Sen. Tim Scott wrote to Treasury, seeking to eliminate the unfair inflation tax boosting savings, investment, and jobs.
Skyrocketing housing prices trap older Americans, who delay selling family homes due to massive inflation-inflated capital gains taxes.
Many wait to pass homes to heirs via stepped-up basis to avoid taxes, delaying retirement and family moves.
Young couples struggle to buy homes partly because sellers hold out, fearing post-Biden inflation taxes.
Indexing cost basis ends this barrier, freeing life savings in homes, stocks, IRAs, 401(k)s, and pensions for 63% of Americans.
Nearly 30 million Americans pay capital gains taxes yearly on home, farm, business, or stock sales, appearing as high earners.
End this war on affordability now through limited government action protecting constitutional rights.
Stand with Trump to restore economic liberty—contact your representatives demanding inflation indexing today.
The Constitution must be defended.
