Trump Proposes New $6,000 Tax Deduction for Seniors

Former President Donald Trump has announced a major tax policy aimed at supporting American seniors. Unveiled via his social media channels, the proposal introduces a new $6,000 tax deduction for citizens aged 65 and older, starting next year.

Married couples where both spouses are over 65 would qualify for a combined $12,000 deduction—potentially offering significant tax relief for senior households. The plan is part of Trump’s broader 2026 tax agenda, which focuses on reshaping how retirement income is taxed.

The goal: help retirees keep more of their income amid rising living and healthcare costs. With many seniors living on fixed incomes or relying solely on Social Security, the added deduction could provide meaningful financial breathing room.

Supporters of the plan argue it addresses the growing strain inflation has placed on older Americans. As everyday expenses increase, seniors are finding it harder to stretch their savings to cover essentials.

The proposal has been welcomed by many in the senior community, who see it as a targeted, timely effort to ease financial burdens. It also signals that future tax reforms may continue to prioritize the needs of aging Americans.