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'Big Beautiful Bill' includes a $40,000 tax bonus for some California homeowners
The Big Beautiful Bill includes a bonus for some Californians in the form of a state and local tax deduction -- known as SALT for short -- that the Senate voted to keep in the House's version of the bill. For those that qualify, the deduction cap could be raised from $10,000 to $40,000 - putting thousands of dollars back in the pockets of many ...
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