#TrumpTaxCuts *Trump Tax Cut: Economic Impact*
The 2017 Trump tax cut, officially known as the Tax Cuts and Jobs Act (TCJA), had significant economic implications.
*Key Aspects*
1. *Corporate Tax Rate*: Reduced from 35% to 21%.
2. *Individual Tax Brackets*: Changes to tax brackets and deductions.
*Economic Impact*
1. *Short-term Growth*: Boosted economic growth and job market.
2. *Deficit Increase*: Contributed to increased national debt.
#TrumpTaxCut #TCJA #EconomicImpact #TaxReform