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Ted Cruz: “An idea that I have been pushing hard is indexing capital…”

Featuring: Ted Cruz, Republican | U.S. Senate, Texas

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Published | Video Starts at 13:53

That I think makes a lot of sense. What I've urged is we ought to do things that make sense for the economy. So for example, An idea that I have been pushing hard is indexing capital gains to inflation. So the way it works, let's say 10 years ago you bought a stock for $100 and in the course of 10 years, inflation has driven the cost of that stock to $200. (13:53–13:59)

CLAIM

Advocates for indexing capital gains to inflation.

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