#TrumpTaxCuts Former President Trump is campaigning to make the 2017 Tax Cuts and Jobs Act permanent, while also proposing new tax breaks, such as eliminating taxes on tips and Social Security benefits. Supporters claim these measures would boost the economy and job creation, but critics argue they mainly favor the wealthy and could add $4.5 trillion to the national deficit over ten years. Republicans are discussing $2 trillion in spending cuts to offset the impact, targeting programs like Medicaid and education. However, strong opposition from Democrats and internal GOP disagreements could make passing the plan challenging.

#TrumpTaxCuts