Trump’s tax plan for capital gains taxes The 2025 tax legislation signed into law by President Donald Trump, commonly referred to as the One Big Beautiful Bill Act, largely preserves the existing capital gains tax framework. Long-term capital gains rates remain set at 0%, 15% and 20%, with no changes to the underlying brackets. While the law leaves capital gains taxation intact, it introduces the “Trump Account,” a new tax-advantaged savings vehicle designed for children.