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The Kobeissi Letter
@KobeissiLetter

BREAKING: President Trump's capital gains tax cut discussions include "indexing" capital gains for inflation BEFORE taxes are calculated. This would mean that taxes would be applied on gains adjusted for inflation. For example, if you purchased a stock for $100,000 and sold it 5 years later for $200,000. Under the current system, you would owe capital gains taxes on the full $100,000 gain. But, if cumulative inflation over those 5 years was 20%, your inflation-adjusted cost basis would rise to $120,000. This means you would only owe capital gains taxes on the $80,000 REAL gain, rather than the $100,000 nominal gain. Trump has also suggested exemptions for sales of homes worth $2 million or less from capital gains taxes. We expect more details soon.

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RAM1500Invests @ram1500trades ·

@KobeissiLetter This is major

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Dave Muskrat 🇺🇸 @DaveMuskratt ·

@KobeissiLetter The only winners will be the algos.

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@KobeissiLetter Crazy how inflation already eats returns—this would finally make the math fair. x.com/i/grok/share/7dbc270a81b…

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Bobby (Bobdog) @Bobdog1922 ·

@KobeissiLetter SEND THIS MARKET INTO HYPERDRIVE PRESIDENT PUMP

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PM @miodzioLFC10 ·

@KobeissiLetter This is fucking brilliant and I’m a die hard lib

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GnarlyGainz @GnarlyGainz ·

@KobeissiLetter Doesn’t help swing traders it seems then

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Adam @AAAdddaaammmH ·

@KobeissiLetter You could just get rid of Capital Gains Tax altogether

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Emre Yurttas @emrey35 ·

@KobeissiLetter I'll believe it when I see it! He has Congress and it needs to get pass them!

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RAM1500Invests @ram1500trades ·

@KobeissiLetter This is what I asked chatGPT about ur last post about this. So sounds extremely bullish!! Letsgoooo x.com/ram1500trades/status/208…

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NostraHummus @NostraHummus ·

@KobeissiLetter Dude. We can’t afford groceries. What makes you think we give a fuck about capital gains on real estate sales in Boca Raton. Let them (yellow) cake? ☢️

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Vandad Parsi @vparsi01 ·

Get rid of property tax. This is a socialist idea. No one can ever really own anything if the sheriff of their county can seize their property and auction it off for failure to pay property taxes. Schools, roads, police, fire etc should be funded by state income tax, sales tax and if necessary a special levy (which the citizens of that county would vote for in case of a special levy).

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@KobeissiLetter My market view ⬇️⬇️ This could be a massive win for long-term investors, but it also risks making short-term trading even more tax-favored than it already is. premarketdesks.com/t/tier1-v1-…

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Michael @fit_businessman ·

@KobeissiLetter Repeating propaganda like this makes you sound clueless.

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Mark Tisdel @mark_tisdel ·

@KobeissiLetter This makes mathematical sense. You could have a numerical gain but actual loss, after inflation, but be taxed as a gain.

Richie Rich 🇺🇸 @PhysicalCombat ·

@KobeissiLetter How about increasing the cap loss carry forward that has been 3k since 1978.

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GodsFavChild @TradeLearner11 ·

@KobeissiLetter How about them losses?? The amount of money lost each year should be tax exempt! And that day my friends I’ll be paying 0 in taxes

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Trade Control HQ @TradeControlHQ ·

@KobeissiLetter I actually really like this idea. If part of the gain is just inflation it makes sense to tax the real gain instead of the full nominal gain.

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Bariksis @bariksis ·

@KobeissiLetter Lmao this ain’t happening so please don’t get your hopes up people 🤣🤣

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$OSSbull @OSSBULLGC ·

@KobeissiLetter Australia has done this but at the same time got rid of the 50% Capital gains tax discount for holding assets longer than 12months. Very poor move!! We take all the downside risk and they want all the upside. #australia

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Jonesy @jonesrrrrrr ·

@KobeissiLetter yeah sorry best president of all time, bro he gets this passed it’s huge

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Hyperbolic Trade Chamber @_tradebender ·

@KobeissiLetter I can get behind this... How about, lower capital gains tax also

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BC @bearthe1 ·

@KobeissiLetter Capital gains over $5 million should be taxed at higher rates.

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Erebus @hyperionca ·

@KobeissiLetter Trump has also suggested exemptions for sales of homes worth $2 million or less from capital gains taxes. -- this would really help, should help get turnover in the market and get more homes on the market ...

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David @David96323550 ·

@KobeissiLetter The country is broke. How about cutting spending and increasing taxes on private equity and real estate

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Bostonsalesguy † @srqbanker ·

@KobeissiLetter Great Trump Focus on these things rather than this stupid Iran war bringing the economy into the gutter due to inflation and rising energy costs.

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Angie G @MomAngtrades · 87K

@KobeissiLetter It’s a smart idea and unfortunately because it is smart, it won’t pass in Congress.

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We ain’t there yet @whereweatthen ·

@KobeissiLetter So rich people get inflation adjusted tax breaks. But regular people don’t

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finlitoc @finlitOC ·

@KobeissiLetter Based. Next step is getting them to define inflation on ground beef price increases (100%).

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Mexicano 🇲🇽 @Mau2k1 ·

@KobeissiLetter This seems like another reform to benefit the rich. Workers have no profits x.com/Mau2k1/status/2087343233…

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Alan Rees @shabbyshiner ·

@KobeissiLetter 40 trillion in debt - increasing spending - cutting taxes Trump doesn't care, he manages like there is no tomorrow for US. It's gonna be someone else problem, he is here and now to exploit and cut the coupons

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Ryan @Dirt_Trailz ·

@KobeissiLetter That’s not getting rid of capital gains tax… that’s just getting rid of some of it due to inflation. Get rid of it all!

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Official AA/WW Shill Account @The_Original_X ·

@KobeissiLetter Bribes are effective but he wasted a few tril on a war he couldn’t win and tariff refunds. But maybe deficits don’t matter.

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IH8MONDAYS @IH8MONDAYS42069 ·
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Ryan Smith @Smitty0592 ·

@KobeissiLetter How does this help middle to low class?

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Better Humanity @better_huma_ity ·

@KobeissiLetter How about my salary! It didn’t go up at all during inflation over the last few years. Why not do the same? Take taxes from me after adjusting for inflation.

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LatherRinseRepeat_MMA🇵🇷🥋 @MMA_Giancarlo ·

@KobeissiLetter I like this. But, how about no capital gains taxes at all? #taxationistheft

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Donald Trump USA 🇺🇸 @Donaldusa_ ·

@KobeissiLetter Trump needs to cut taxes more for those making under $150,000 to combat high prices that’s the only way people will be able to get ahead & this would be the best thing to offset high prices

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Abrom Shepard @grandcapellc ·

@KobeissiLetter I believe this takes an act of Congress. If the Trump Administration was serious about this they would've done it with the big beautiful bill. Now it just sounds like voter turnout desperation as he becomes a lame duck.

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Tom @thomasjeans ·

@KobeissiLetter I remember when Republicans wanted to *simplify* the tax code.

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Martin Gale @Slimvalue ·

@KobeissiLetter Actually a brilliant idea, but lets start with the removeal of the 90% loss deduction on gambling losses first

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Rich Gupta @rkgs11 ·

@KobeissiLetter That would be amazing, especially for real estate too. Larry Kudlow has been talking about this for the last few years.

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Ryan Odom @ryanmarkodom ·

@KobeissiLetter Need to adjust $3K max capital loss against ordinary income from when legislation was originally passed **in 1978**

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Jacob Osiason @Jacob_Osiason ·

@KobeissiLetter How about he stops using the US Treasury like his own ATM & we might be in better shape @KobeissiLetter 💯👍

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Mitchell Sweigart @Mitch_Sweigart ·

@KobeissiLetter Sigh, sounds like more Luxury Boomer Communism to me. When will we end the pillaging of the treasure for the benefit of the old, dying, and well-to-do? cc: @GreenPlusAnE

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DemonX @docstephen808 ·

I love the idea of indexing capital gains for inflation. I wonder how complicated it will be when calculating this for taxes. Each stock sale could have a different year when it was purchased and inflation is different every year. You could sell a batch of stocks and have to calculate gains separately for all the different years it was bought at.

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Hiro Tamada (玉田 郁博) @fumihirojudo ·

@KobeissiLetter So essentially no capital gain tax? x.com/fumihirojudo/status/2087…

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Madric44 @Madric441 ·

@KobeissiLetter Nope. Fuck the extra math. Taxes are clearly theft more so today than ever before. My local sheriff sits on millions of dollars worth of unused equipment. Obviously they already have too much budget.

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28 replies whose parent comment X withheld

Adam Yoder @amyoder ·

@itsjonmelillo @KobeissiLetter Dropping a bag on spacex at 185 has been weighing on me

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Jon melillo @itsjonmelillo ·

@amyoder @KobeissiLetter I’ll pick some up at $35

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AltValue @OfcMarshmallow ·

@mattwbr @KobeissiLetter It happens in flat markets. Don't forget 2008 the market was flat 10 years.

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AltValue @OfcMarshmallow ·
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Dylan🇦🇺🇳🇴🇨🇴 @McfcDylan99 ·

@OfcMarshmallow @KobeissiLetter You're proving my point

Matt Weber @mattwbr ·

@OfcMarshmallow @KobeissiLetter That’s only happened once since 2008 (the 3 year period after GFC). I would assume if your inflation makes the return negative you pay no tax

Razak.dtr @CZA_Razaki ·

@CharlieK2856 @MomAngtrades @KobeissiLetter Who do you think will bear the burden of the tax cut

GorillaPanic @gorillapanics ·

@S77787891 @strugglinstoic @KobeissiLetter That’s wash trading and not allowed

Rudy @PilotRudy ·

@Scomfish @KobeissiLetter 🤦‍♂️ brother read the last few lines.. And then go research the tax cuts for the middle class in the “One big beautiful bill”. You libtards only know rage orange man bad

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Antonio Moore @tonetalks · 29K

@pranay2492 @KobeissiLetter Zero grasp on what America is built on. x.com/tonetalks/status/2087400…

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Rudy @PilotRudy ·

@Scomfish @KobeissiLetter YOU. PEOPLE. Did Biden or Obama make take cuts for the middle class that met or exceeded the one big beautiful bill? grok.com/share/c2hhcmQtMw_f8f4…

Rudy @PilotRudy ·

@Scomfish @KobeissiLetter Next you’re going to text me Grok is hallucinating..

Rudy @PilotRudy ·

@Scomfish @KobeissiLetter Further.. Get the Dumbocrats to vote for @RandPaul budgets and we’d be in a actual deficit

MindVenture @Mindventure_ ·

@zectrillionaire @vparsi01 @KobeissiLetter So you basically never want to own anything? Why not just ban corporations from owning single family homes?

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NEO @GekkosGhetto ·

@Lazy_Alexlol @jwpetterchak @KobeissiLetter I actually lived in Iran and have seen wtf Islamists can do you fuckin confused hypocritical brainwashed morons. And I understand where our taxes go. 45k per student in NYC. Are you stupid? Of course neither of you have a sliver of financial literacy so I’m wasting my time.

NEO @GekkosGhetto ·

@Lazy_Alexlol @jwpetterchak @KobeissiLetter You think tariffs made inflation worse? Hahahah Do you have any idea what happens to wages and costs with mass immigration? Look at the inflation rate during Biden retard. x.com/GekkosGhetto/status/2087…

NEO @GekkosGhetto ·

@jwpetterchak @KobeissiLetter And yet you’re the one with his cock in your mouth. So much so that you’ll let your own party get away with murder. Epstein hated Trump btw. But LOVED Clinton. Dont forget to get your boosters dickhead

Matt Wright @mattwr ·

@male1gr @strugglinstoic @KobeissiLetter There will just be a table based on the year or half year purchase and sold that will cover 99% of cases that will be built in to brokerage and tax software. The IRS will publish the rates. There won’t be any significant thought required.

Antonio Moore @tonetalks · 29K

@NomadicScalperX @KobeissiLetter What in the craziness. This is not a policy about investing today. It is a time based policy tying back to redlining and Jim Crow. You can’t be this ignorant. x.com/tonetalks/status/2087450…

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big z @zectrillionaire ·

@Mindventure_ @vparsi01 @KobeissiLetter Stop pretending like you own land. You do not own land. The government owns it. I don't prefer it to be this way, but that's the reality. You're renting it from the government, may as well remove incentive to hoard it so it becomes more affordable.

big z @zectrillionaire ·

@Mindventure_ @vparsi01 @KobeissiLetter And I hate all taxes. But as far as taxes go, property taxes on land seems the most fair.

Jen @Jen111222 ·

@PilotRudy @BullMarket34 @GarIng52074 @KobeissiLetter @grok Tax cuts affecting the wealthy are permanent, middle class tax cuts expire in 2028. You need to LEARN how to DO BASIC research (asking grok to answer a leading question about one part of the bill isn’t research) and “you’re just mad and jealous,” is teenage mean girl reasoning.

NaturallyNikki @NaturallyNikkiQ ·

@tonetalks @NomadicScalperX @KobeissiLetter The first man to go to court over a slave in the Americas was a black man. He tried to leave after a WHITE man told him 25yrs was way too long for his term. Black man took him to court Court ruled he could own the man for the entirety of his life Black slave owner wins

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Steve @Stevey46032 ·

@EDUreboot @jstone9 @KobeissiLetter Thank you for Not being one of the retards Not sure why no one is comp rendering this

Steve @Stevey46032 ·
sharpertureMax @SharpertureM ·

@IjuakosXqwzts @DutchAmerican @KobeissiLetter But he would take credit for said laws, though.

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BONVPVRT @datboibonvpvrt ·

@Robert00111 @jstone9 @KobeissiLetter Initially more more supply then demand. Also more money floating in the economy But that money has to go somewhere that will yield a better value of return. Eventually the board resets with higher prices

Emcee @Emcee3535 ·

@whoshotjr00 @strugglinstoic @KobeissiLetter Exactly. Someone actually understands market incentives.

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