#TrumpTaxCuts#TrumpTaxCuts refer to the Tax Cuts and Jobs Act (TCJA) signed into law by President Donald Trump in December 2017. The legislation aimed to stimulate economic growth by reducing corporate tax rates from 35% to 21% and lowering individual tax rates across several income brackets. Proponents argued that the cuts boosted business investment, increased wages, and enhanced U.S. competitiveness. Critics contended that the benefits primarily favored corporations and wealthy individuals while significantly increasing the national deficit. Middle-class families saw modest tax relief, though many provisions were set to expire by 2025. #TrumpTaxCuts remain a highly debated topic in discussions on economic policy and fiscal responsibility.
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