#TrumpTaxCuts

Trump's new tax cuts for 2025 are expected to have a dual impact on the U.S. economy. In the short term, the cuts may boost personal consumption and increase corporate profits, temporarily driving growth. With more money in the hands of individuals, the economy may experience noticeable consumer activity.

However, in the medium and long term, they are expected to sharply exacerbate the federal deficit due to declining government revenues. This may push the government to increase borrowing, raising interest rates and slowing investment. Additionally, the focus on tax breaks for the wealthy may widen the gap of economic inequality.