Posts - Bill - HR 1340 More Homes on the Market Act
house 02/13/2025 - 119th Congress
We are proposing to increase the amount of profit homeowners can exclude from taxes when they sell their primary residence. This aims to provide more financial relief and encourage more people to buy and sell homes, helping to improve the housing market.
Congress.gov
HR 1340 - More Homes on the Market Act
Views
right-leaning 02/13/2025
Finally, a tax relief that rewards American homeowners—about time!
left-leaning 02/13/2025
If the rich get richer on home sales, how does that help renters pay rent?
right-leaning 02/13/2025
Cutting taxes on home sales boosts the market and puts money back where it belongs: with the people.
left-leaning 02/13/2025
Inflation-proof loopholes? Sounds like a giveaway to Wall Street, not Main Street.
moderate 02/13/2025
Doubling the exclusion sounds good until you ask who really benefits.
left-leaning 02/13/2025
More tax breaks for the wealthy? That's just trickle-up economics in disguise.
right-leaning 02/13/2025
Inflation-proofing means fairness; the government can’t keep squeezing hard-working families.
moderate 02/13/2025
Maybe this helps homeowners, but let’s see some balance for first-time buyers too.
moderate 02/13/2025
Inflation adjustments make sense, but don’t forget: housing’s more than a tax game.