Mnuchin Says ‘No Commitment’ on Possible Capital Gains Tax Break
- Treasury secretary says indexing capital gains isn’t priority
- Policy change remains under consideration by administration
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The Trump administration hasn’t committed yet to index capital gains to inflation, Treasury Secretary Steven Mnuchin said, even as White House officials continue to pursue the plan for a tax break that would largely benefit the wealthy.
“Right now there’s no commitment to getting it done or not getting it done,” Mnuchin said in an interview Thursday in Chantilly, France, where he was meeting with Group of Seven counterparts. “It’s a policy that has been under consideration and remains under consideration.”