Possible capital gains tax cut on the horizon

The Trump administration is considering a change to the way taxpayers calculate capital gains that could result a major tax cut for investors. Specifically, the idea is to change the way that taxpayers calculate capital gains income by including the impact of inflation on the overall price. That is, tax payers will be able to exclude income from inflation from taxable gains on the sale of the capital asset; resulting in significant reduction in the overall tax liability for many investors.