1: Trump's Tax Reform (2017 Tax Cuts and Jobs Act) significantly lowered the corporate tax rate from 35% to 21% to stimulate business investment and economic growth. Personal income taxes also decreased, and the standard deduction was increased. The tax reform temporarily boosted U.S. GDP growth and the stock market but also led to an expanding budget 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. This move was welcomed by the cryptocurrency industry, as it believed the original rules were difficult to enforce. Additionally, Trump proposed exempting capital gains tax on domestically produced cryptocurrencies to encourage everyday transactions, such as buying coffee with Bitcoin tax-free, which could stimulate the practical use of cryptocurrencies.