#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 corporate investment and economic growth. Personal income tax also decreased, and the standard deduction was increased. The tax reform temporarily boosted U.S. GDP growth and the stock market, but it also led to a widening fiscal deficit, with the wealthy and large corporations benefiting more, sparking controversy over increasing income inequality.

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

However, the overall impact of the tax reform was not entirely positive. Trump's tariff policies caused market volatility, with tariffs imposed in early February on Mexico, Canada, and Europe leading to over $2 billion in leveraged positions being liquidated in the crypto market, causing Bitcoin prices to briefly drop to the $80,000 range. Although some cryptocurrency advocates believe that blockchain transactions are borderless and not directly affected by tariffs, market panic still impacted crypto assets. Furthermore, Trump's proposed national cryptocurrency reserve program (including Bitcoin, Ethereum, etc.) boosted market confidence and temporarily raised prices, but it also sparked controversy, with critics worried that its volatility could pose fiscal risks to the government.