#TrumpTaxCuts The "Trump tax cuts for 2025" essentially refer to the individual provisions of the Tax Cuts and Jobs Act (TCJA) from December 2017, most of which are temporary and will expire on December 31, 2025.

1. What is the TCJA?

Enacted in late 2017 under the presidency of Donald Trump, the TCJA lowered individual income tax brackets (the top rate decreasing from 39.6% to 37%), nearly doubled the standard deduction, and reduced or eliminated various deductions (mortgage interest, donations, etc.); many of these measures are designed to automatically expire at the end of 2025, reverting rates and deductions to their pre-2018 levels  .

2. Political context in spring 2025

Faced with the "fiscal wall" created by these expirations, the Republican majority in the House of Representatives is working to make the proposed Trump cuts permanent and add new exemptions (manufacturers, auto credits, etc.). A bill ("big, beautiful bill") is being prepared, aiming to finalize a text by Memorial Day (late May), with a projected cost of over $4 trillion over ten years and a need for budget cuts to balance it  .