As the mid-term elections approach, Trump is brewing a "big move": it is rumored he is considering cutting capital gains taxes.

As the U.S. midterm elections in November draw near, President Trump, whose poll numbers have been declining recently, is preparing a new round of tax stimulus policies to attract voter support and maintain Republican control of both the House of Representatives and the Senate. According to a Tuesday report by the media citing senior economic advisors and former government officials, Trump is currently considering calling on Congress to cut capital gains taxes and is contemplating tax exemptions for specific property sales. Kudlow, who led the White House National Economic Council during Trump's first term, stated that he recently discussed the issue of capital gains tax inflation indexing with the president, to which Trump has shown an open attitude.