#TrumpTaxCuts

Donald Trump's tax cuts aim to stimulate economic growth and provide relief to working Americans. Key proposals include

- *Permanent Tax Cuts*: Making the Tax Cuts and Jobs Act's income tax cuts permanent.

- *No Taxes on Tips*: Eliminating taxes on tips to benefit service industry workers.

- *Massive Tax Cuts*: Cutting taxes for families and businesses to encourage entrepreneurship and investment.

- *Auto Loan Interest Deduction*: Making interest payments on car loans tax deductible, potentially costing $61 billion over a decade.

- *Potential Changes*: To fund these cuts, Trump might consider raising taxes on the wealthy or implementing tariffs, such as a 10% import tariff.

These proposals reflect Trump's economic philosophy of reducing government interference and empowering individuals.