#TrumpTaxCuts The 2017 Trump Tax Cut, officially known as the Tax Cuts and Jobs Act, significantly impacted the US economy. #TrumpTaxCut lowered corporate tax rates from 35% to 21%, aiming to boost economic growth and competitiveness. Proponents argue it spurred investment and job creation, while critics claim it disproportionately benefited wealthy corporations and individuals. The long-term effects on the national debt and economic inequality remain debated. As the US economy continues to evolve, the legacy of the Trump Tax Cut will likely remain a topic of discussion among policymakers and economists.