… to afford their first time home, it makes them delay getting married, having children and taking other developmental steps in life that really are a benefit to our communities and … I've introduced...a bill that would allow people over the age of 65...to waive the capital gains tax...if they sold the home to a first-time home buyer. … they go into retirement, it would allow them to waive the capital gains tax, which is the tax you pay on the growth of the home from the time you bought it to the time you sold it. (11:14–11:32)
CLAIM
Asserts that he introduced a bill to waive capital gains tax for seniors selling homes to first-time buyers.
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.
