#TrumpTaxCuts The Trump tax cut, officially known as the Tax Cuts and Jobs Act (TCJA) of 2017, was a major overhaul of the U.S. tax code signed into law by President Donald Trump. It significantly reduced the corporate tax rate from 35% to 21%, aiming to stimulate business investment and economic growth. For individuals, it lowered tax rates across most income brackets, doubled the standard deduction, and limited certain deductions like those for state and local taxes (SALT). Proponents argued that the cuts boosted the economy, increased wages, and improved job creation, while critics contended that the benefits largely favored corporations and wealthy individuals, contributed to a growing federal deficit, and provided only modest relief to middle- and lower-income households. The TCJA's individual provisions are set to expire after 2025 unless renewed by Congress.#AirdropFinderGuide