#TrumpTaxCuts The Trump tax cuts, officially known as the Tax Cuts and Jobs Act (TCJA) of 2017, were a major legislative achievement during President Donald Trump’s administration. The law aimed to stimulate economic growth by lowering corporate tax rates from 35% to 21% and providing temporary tax relief for individuals. Supporters argue that the cuts led to business expansion, job creation, and a stronger economy. Critics, however, claim the benefits favored wealthy individuals and corporations more than the middle class. Regardless of opinion, the Trump tax cuts significantly altered the U.S. tax landscape and continue to influence political and economic debates today.