U.S. President Donald Trump is considering proposing capital gains tax cuts as part of a broader economic agenda Republicans could promote ahead of the 2026 midterm elections, Bloomberg reported Tuesday. The potential measures could include lowering capital gains taxes and creating exemptions for certain home sales, according to Bloomberg, which cited a senior economic adviser and a former Trump administration official. Kudlow, who served as Trump’s top economic adviser during his first term, also said he had recently discussed indexing capital gains with the president. Indexing capital gains to inflation could reduce investors’ tax burdens by adjusting the purchase price of assets for inflation before calculating taxable gains. However, potential capital gains tax cuts could face resistance in Congress as lawmakers grapple with the growing U.S. budget deficit.