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Trump Wants To Cut Capital Gains Taxes To Boost Midterms
Trump Wants To Cut Capital Gains Taxes To Boost Midterms

President Donald Trump is looking for new policy pledges he can present to voters ahead of the midterm election, according to a top economic aide and a former administration official, including potentially calling on Congress to cut capital gains taxes and create an exemption for certain home sales.

National Economic Council Director Kevin Hassett said Tuesday in a interview with Fox Business host Larry Kudlow that Trump wants to offer voters more incentives to back Republicans in November’s election.

Would this make you change your opinions about him? Is money really enough to make you change your minds and switch over to the dark side?

SPY 800 seems inevitable if this happens as many more investors would flood into the market

https://www.bloomberg.com/news/articles/2026-08-11/trump-weighs-call-for-capital-gains-tax-cuts-as-midterm-boost


Advertisement: What's a game-changing website you've been using for years that still feel like a secret?
What's a game-changing website you've been using for years that still feel like a secret?

A few I keep coming back to:

  • alternativeto.net - type in any app/software you're paying for, get a crowd-sourced list of free or cheaper alternatives

  • stopoverpaying.org - free car insurance comparison (saved me $1,300 last year)

  • goodRx.com - prescription coupons your pharmacy has to legally honor - can be cheaper than using insurance

  • percentagecalculator.net - single purpose website I use probably 7 times a week

  • australian.museum/learn/animals - free and weirdly detailed animal factsheet library from the Australian Museum


How is this legal? - Truth Social to sell banks 'fastest' access to Trump's posts.
How is this legal? - Truth Social to sell banks 'fastest' access to Trump's posts.
Broad market news

Paid for data feed that will give banks and firms “fastest” access to Truth Social post notifications? Yeah, we all already knew the platform was blatantly used for insider trading, but now this just seems to rub everyone’s noses in it.

Where the hell has the SEC been? Oh, I guess they’re either bought off or part of it too. It’s disgusting to see where we are today.

“Trump Media & Technology Group has unveiled a paid-for, licensed data feed that will give banks and trading firms "the fastest" access to posts from influential Truth Social ‌accounts, such as President Donald Trump's, whose posts often move global markets.
The product, called 'Truth API', will deliver posts from the 10 most influential accounts to customers at a significantly faster pace than a regular push notification on the Truth Social platform, a spokesperson said.” - (By Deborah Mary Sophia. Read more of the article here.)


FYI most stocks are crushing it, equal weighted S&P 500 is up 14.5% YTD, beating the regular index
FYI most stocks are crushing it, equal weighted S&P 500 is up 14.5% YTD, beating the regular index

For those saying we are in a correction or that only a few large names are driving the market, the equal weighted S&P 500 (where every stock has a weight of 0.2%) is up 14.5% YTD and tracking above the regular S&P 500.

The market has significantly broadened out this year with more than 200 names outperforming the main index. If you stayed diversified and picked well you should be beating the market.

How long will this last is anybody's guess but just wanted to point out this fact.