President Trump said Tuesday he is considering eliminating the capital gains tax on home sales — a potentially massive financial break for sellers.

P resident Donald Trump on Tuesday signaled support for legislation eliminating a capital gains tax on home sales, suggesting a reform on the tax policy—which has gone unchanged for decades—that a National Association of Realtors study found could impact millions of Americans.

U.S. President Donald Trump said on Tuesday his administration is considering removing taxes on capital gains on home sales. "If the Fed would lower the rates, we wouldn't even have to do that," Trump told reporters in the Oval Office.