Let's talk about one of the details that is more obvious. I thank you. The gentleman talked about a couple that would buy a home for $30,000 and sell it for $200,000, having a $170,000 gain. Under the proposal that the House will consider tomorrow, does the gentleman know what tax that couple would pay on that gain if they had a $170,000 gain?
The speaker is discussing tax implications related to home sales.
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