The deduction, for those who qualify, is $6,000 per person. It's set to expire in 2028, at which point the percentage of seniors escaping this tax would presumably go back to around 64%.

Every day for the past six months, Donald Trump has ripped at the very fabric of American society, creating shock waves with real-life consequences that will be felt for years if not decades.

Now, those profits will be 50% tax-free after three years, 75% after four, and completely tax-free after five.