#TrumpTaxCuts The Trump tax cuts refer primarily to the Tax Cuts and Jobs Act (TCJA) of 2017, signed into law by President Donald Trump. This legislation was the most significant overhaul of the U.S. tax code in decades, aiming to reduce tax burdens for individuals, businesses, and estates while promoting economic growth. Below is a comprehensive overview based on available information, including key provisions, economic impacts, distributional effects, and the ongoing debate about their extension in 2025.