#TrumpTaxCuts The **#TrumpTaxCuts**, officially the Tax Cuts and Jobs Act of 2017, were a major overhaul of the U.S. tax code under President Donald Trump. The law slashed corporate tax rates from 35% to 21% and reduced individual income taxes, though benefits skewed toward higher earners. Supporters argued it boosted economic growth, jobs, and investment, while critics said it disproportionately benefited the wealthy and increased the national deficit. Studies show mixed results—some businesses reinvested savings, while others prioritized stock buybacks. The cuts are set to expire after 2025, making them a key debate topic in future elections. #TaxReform #Economy