#TrumpTaxCuts

The #TrumpTaxCuts, officially known as the Tax Cuts and Jobs Act of 2017, marked one of the largest overhauls of the U.S. tax code in decades. Designed to stimulate economic growth, the law lowered corporate tax rates from 35% to 21% and provided temporary tax relief for individuals. Supporters argue that the cuts led to increased business investment, job creation, and higher wages. Critics, however, claim that the benefits were skewed toward the wealthy and contributed to rising national debt. As political debates continue, the lasting impact of the Trump tax cuts remains a hot topic in American economic policy.