#特朗普税改 #特朗普税改 1: Trump's tax reform (2017 Tax Cuts and Jobs Act) significantly lowered the corporate tax rate from 35% to 21% to stimulate business investment and economic growth. Personal income tax also decreased, and the standard deduction was increased. The tax reform temporarily boosted GDP growth and the stock market in the U.S., but it also led to an expansion of the fiscal deficit, with wealthier individuals and large corporations benefiting more, raising controversy over increasing income inequality.

2: Impact on cryptocurrency In April 2025, Trump signed a bill that eliminated the IRS's expanded definition of brokers for decentralized cryptocurrency exchanges (DeFi), easing the tax burden on DeFi platforms. This move was welcomed by the crypto industry as they deemed the original rules difficult to enforce. Additionally, Trump proposed exempting capital gains tax on domestically mined cryptocurrencies, encouraging everyday transactions, such as buying coffee with Bitcoin tax-free, which could stimulate the practical use of cryptocurrencies.

However, the overall impact of the tax reform was not entirely positive. Trump's tariff policies triggered market volatility, with tariffs imposed in early February on Mexico, Canada, and Europe resulting in over $2 billion in leveraged position liquidations in the crypto market, causing Bitcoin prices to plunge into the $80,000 range. Although some crypto supporters believe that blockchain transactions are borderless and not directly affected by tariffs, market panic still affected crypto assets. Furthermore, the national cryptocurrency reserve plan promoted by Trump (including Bitcoin, Ethereum, etc.) did boost market confidence and temporarily raised prices, but it also sparked controversy, with critics concerned that its volatility could pose fiscal risks to the government.