I have a question about capital gains.

[kelly1mm]

3. MFJ = Married Filing Jointly. 'Buying off' = giving money to some person/group to make them

happy/more likely to support you.

I believe the part of your thoughts about the many more homeowners is key. Politics while run in large measure by money still takes actual voters once every 2 years to go in and vote for you. There are LOTS of home owners (or aspirational home owners) compared to business owners - particularly business owners who have 250k-500k capital gain assets.

He is already getting a break on the taxes he is paying as the gain will be taxed at a lower rate (basically 15%) compared to regular income (as high as nearly 40%). There are many reasons for this from an economic perspective but the reason homeowners get the further break is the homeowner class (roughly the 'middle class') is privileged in US politics, at least publicly.