The #TrumpTaxCuts , officially known as the Tax Cuts and Jobs Act (TCJA) of 2017, were one of the most significant changes to U.S. tax law in decades. The act aimed to stimulate economic growth by reducing corporate tax rates from 35% to 21% and lowering individual income tax rates for many Americans. Supporters argue that the cuts boosted business investments, increased wages, and led to strong economic performance before the pandemic. Critics, however, claim that the benefits largely favored corporations and the wealthy, while adding trillions to the national debt. As debates continue, the impact of the Trump Tax Cuts remains a key topic in discussions about America's economic future.
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