#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 stock market gains, but it also led to an expansion of the fiscal deficit, benefiting the wealthy and large corporations more, raising 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 cryptocurrency exchanges (DeFi), easing the tax burden on DeFi platforms, a move welcomed by the crypto industry due to the belief that the original rules were 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, which could stimulate the practical use of cryptocurrencies.

However, the overall impact of the tax reform is not entirely positive. Trump's tariff policy caused market volatility, and tariffs imposed in early February on Mexico, Canada, and Europe led to the liquidation of over $2 billion in leveraged positions in the crypto market, causing Bitcoin prices to briefly drop to the $80,000 range. Although some crypto supporters argue that blockchain transactions are borderless and not directly affected by tariffs, market panic still affected crypto assets. Furthermore, Trump's promoted national cryptocurrency reserve plan (including Bitcoin, Ethereum, etc.) boosted market confidence and temporarily raised prices but also sparked controversy, with critics worrying that its volatility could pose fiscal risks to the government.