Story perspectives

Trump Proposes Homeowner Depreciation at Davos Forum

1/22/2026

Summary

Story summary

At the World Economic Forum in Davos, U.S. President Donald Trump proposed allowing homeowners to claim depreciation on residences, a benefit currently available only to corporations.
He argued the policy would address the disparity, citing his quote that “a person can't get depreciation on a house, but when a corporation buys it, they get depreciation.”
The feasibility of the proposal remains uncertain, particularly regarding congressional support amid competing legislative priorities.

History

Historical Context

The Tax Reform Act of 1986, signed by President Ronald Reagan on October 22, significantly reshaped U.S. tax policy by lowering the top tax rate from 50% to 28% and eliminating many deductions. This legislation aimed to simplify the tax code and stimulate economic growth. Trump's recent proposal at the World Economic Forum seeks to extend similar benefits to homeowners, potentially reshaping the tax landscape again.

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Story summary

At the World Economic Forum in Davos, U.S. President Donald Trump proposed allowing homeowners to claim depreciation on residences, a benefit currently available only to corporations.
He argued the policy would address the disparity, citing his quote that “a person can't get depreciation on a house, but when a corporation buys it, they get depreciation.”
The feasibility of the proposal remains uncertain, particularly regarding congressional support amid competing legislative priorities.

1 / 2