There will now be considerably higher taxes on Capital Gains - the shares and second homes owned by the rich.

对富人的股份和第二地产所征收的资本利得税将有相当的提高。

youdao

But on the other, you suggest ending mortgage-interest tax deductions, doing away with Fannie Mae and Freddie Mac without replacing them with support for long-term, low-interest mortgages, ending exemptions on capital-gains taxes, and requiring up to 15% down payments on homes from first-time buyers.

ECONOMIST: Letters

High capital gains and low inheritance taxes mean families hold on to homes for generations and the secondary market is small.

WSJ: Review & Outlook: Mr. Abe's 'Third Arrow'