#TrumpTaxCuts The Trump Tax Cuts, officially known as the Tax Cuts and Jobs Act (TCJA), have had significant implications for the U.S. economy and taxpayers. Here are some key points to consider:

Revenue Impact: The TCJA is projected to decrease federal tax revenue by $4.5 trillion from 2025 through 2034. However, it is expected to increase long-run GDP by 1.1%, which could offset about $710 billion of the revenue loss.#TRUMP