#TrumpTaxCuts The Trump tax cuts, officially the Tax Cuts and Jobs Act (TCJA) of 2017, were a major U.S. tax reform lowering corporate rates from 35% to 21% and reducing individual income taxes. Proponents argued they spurred economic growth, stock market gains, and job creation. Critics claimed they disproportionately benefited corporations and the wealthy while increasing the national debt by nearly $2 trillion. Key provisions, like individual tax cuts, expire after 2025 unless extended. The long-term impact remains debated—some credit them for pre-pandemic economic strength, while others highlight widening inequality. Future political battles may determine their fate. #Economy #TaxReform