#TrumpTaxCuts

It looks like you mentioned #TrumpTaxCuts — are you asking for an explanation, a summary, an analysis of their impact, or something else?

Just briefly:

The Trump Tax Cuts usually refer to the Tax Cuts and Jobs Act (TCJA) passed in late 2017 under President Donald Trump. It:

Lowered the corporate tax rate from 35% to 21%.

Cut individual income tax rates across most brackets.

Increased the standard deduction and child tax credit.

Limited or eliminated many itemized deductions (like the SALT deduction).

Changed international taxation rules for U.S. companies.

It was heavily debated: supporters said it spurred economic growth and boosted wages, while critics argued it mostly benefited corporations and the wealthy, and increased the federal deficit.

Would you like a deeper dive into its effects, specific provisions, or current status?