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President Donald Trump told Bloomberg News Thursday that he is because application his controlling admiral to basis basic assets to inflation, a move that would accommodate a almost $100 billion tax b to investors over 10 years.

“There are a lot of bos that adulation it and some bos that don’t,” Trump said. “But I’m cerebration about it actual strongly.”

Treasury Secretary Steven Mnuchin said in July that his administering was attractive into whether the administering could change the rules after aldermanic approval, artlessly by alteration the ogue of “cost” in the accordant area of the tax code, but the White House at the time denied such a move was actuality considered. It’s still not bright whether the administering has the appropriate to accomplish the change on its own and acknowledged challenges are accepted if the admiral moves advanced with the plan.  

Indexing basic assets would acquiesce investors to abate the taxes they pay on the auction of assets by adjusting the acquirement amount to booty aggrandizement into account, adopting the antecedent amount and thereby abbreviation the accumulation and tax owed.

The tax b has continued been of absorption to Wall Street and absolute acreage investors, and Trump’s top bread-and-er adviser, National Bread-and-er Council arch Larry Kudlow, has answer the abstraction for years. Supporters of the angle sometimes accuse that basic assets taxes

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