#特朗普税改 Trump's tax reform is an important initiative during his first term. On September 27 local time, Trump delivered a speech on tax reform in Indiana, unveiling the framework of the tax reform plan. The corporate tax is reduced from 35% to no more than 20%, the individual income tax threshold is doubled to $12,000, and the estate tax on property inheritance is eliminated. However, this tax reform has been criticized for benefiting the wealthy and potentially causing a fiscal deficit.
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