#TrumpTaxCuts

The Trump Tax Cuts, officially known as the Tax Cuts and Jobs Act of 2017, significantly reshaped the U.S. tax code. Designed to stimulate economic growth, the law lowered corporate tax rates from 35% to 21% and provided temporary tax relief for individuals. Supporters argue the cuts boosted business investment and job creation, while critics claim they disproportionately benefited the wealthy and increased the federal deficit. Although not directly aimed at the crypto industry, lower corporate taxes and investor-friendly policies indirectly encouraged innovation, including blockchain development. Understanding the Trump Tax Cuts is crucial for analyzing modern economic and crypto trends.