President Donald Trump signs the Big Beautiful Bill Act at the White House in Washington on July 4, 2025. Brendan Smialowski/POOL/AFP via Getty Images
Californians are about to get some tax relief.
The One Big Beautiful Bill Act, the new Republican tax-cut bill signed into law by President Donald Trump on July 4, raises the state and local tax (SALT) deduction cap from $10,000 to $40,000 for tax years 2025 through 2029, which should benefit Californians, who pay some of the highest state income and property taxes in the nation.
