And I'm willing to work with the legislature also on what we could do, at least on the state side. And I've supported legislation federally that would reduce that capital gains penalty. where, say you bought your home 20 years ago for $200,000 and you would sell it today for $750,000 and that is your pathway to senior housing, but you're going to pay a massive penalty that you can't afford. (1:02:08–1:02:14)
CLAIM
Asserts support for federal legislation to reduce capital gains penalties for seniors.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
