Tennessee GOP Rep. Tim Burchett is proposing that Congress eliminate the capital gains tax on home sales, arguing the money the IRS takes from sellers is "redundant" and that allowing them to keep and reinvest it would help stimulate the U.S. economy. "I'm going to prepare some legislation to take away the capital gains tax on a piece of property, and you know, it's just redundant," he said on a recent John Solomon Reports podcast. "When you tax people less, they don't stick it in a doggone pillow case under their bed. They reinvest it. They put it in a bank, and that bank loans it out to other people, or they buy something, buy an automobile, and under Trump's plan, American automobiles, the reduction is there."