#TrumpTaxCuts brackets, nearly doubled the standard deduction, and capped deductions for state and local taxes (SALT). While many middle-income earners saw short-term benefits, the cuts for individuals are set to expire after 2025.

For corporations: It slashed the corporate tax rate from 35% to 21%, aiming to boost business investment and economic growth. Companies generally benefited a lot, leading to stock buybacks and higher profits.

Criticism: Critics argue it added significantly to the national debt (by over $1 trillion) and disproportionately favored the wealthy and big corporations. They also point out that wage growth didn't match expectations.

Support: Supporters claim it helped stimulate economic growth before the pandemic, lowered unemployment to historic lows, and made U.S. businesses more competitive globally.

Would you like me to break down its effects year-by-year or how it's shaping current 2025 politics too?