#TrumpTaxCuts President Trump’s tax cuts have been a cornerstone of his economic policy, aiming to reduce income taxes for individuals and businesses. The Tax Cuts and Jobs Act of 2017 introduced lower tax rates, doubled the standard deduction, and expanded the child tax credit. Recently, Trump proposed extending these cuts, focusing on middle-class families and small businesses. Critics argue that the cuts disproportionately benefit the wealthy, while supporters highlight increased job creation and economic growth. With key provisions set to expire, Congress faces pressure to make them permanent. The debate continues over balancing tax relief with fiscal responsibility.