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Taxing capital gains on principal residence?

Taxing capital gains realized on the sale of a principal residence, as envisaged by the Government in its reform of the taxation of wealth, would be "a colossal mistake," Bayrou said Wednesday .

"All this is done to suppress the truth ISF (wealth tax), Francois Bayrou said on RMC radio and BFM-TV.

This would be a "colossal mistake of taxing capital gains on principal residence" and "I will fight," he added.

"How do we know about young couples who have managed to establish himself in life because they bought a small house or apartment, they have retyped and then later they have sold, they bought a bigger one. It is a way of achieving and freedom in life. "

According to Francois Bayrou, it will also" cause the ice age "of real estate sales while already" we miss him terribly offer.