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#TrumpTaxCuts
The #TrumpTaxCuts, enacted in 2017, aimed to stimulate economic growth by reducing corporate and individual tax rates. Proponents argue they boosted business investment, increased wages, and lowered unemployment pre-COVID. Critics say the benefits skewed heavily toward corporations and the wealthy, while ballooning the national deficit. Middle-class relief was modest and temporary, with many provisions set to expire. As debate continues, their long-term impact on income inequality and fiscal health remains a key issue in U.S. politics. Understanding who truly benefited is crucial as Congress considers future tax policy. TaxReform Economy#MiddleClass NationalDebt #PolicyDebate
The #TrumpTaxCuts, enacted in 2017, aimed to stimulate economic growth by reducing corporate and individual tax rates. Proponents argue they boosted business investment, increased wages, and lowered unemployment pre-COVID. Critics say the benefits skewed heavily toward corporations and the wealthy, while ballooning the national deficit. Middle-class relief was modest and temporary, with many provisions set to expire. As debate continues, their long-term impact on income inequality and fiscal health remains a key issue in U.S. politics. Understanding who truly benefited is crucial as Congress considers future tax policy. TaxReform Economy#MiddleClass NationalDebt #PolicyDebate
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