#TrumpTaxCuts The #TrumpTaxCuts, enacted in 2017, were a major overhaul of the U.S. tax system, aimed at boosting economic growth. Supporters argue the cuts spurred business investment, lowered unemployment, and increased take-home pay for many Americans. They also highlight benefits for corporations, claiming it made the U.S. more competitive globally. Critics, however, argue the tax cuts disproportionately benefited the wealthy and large corporations, while contributing significantly to the national deficit. Some believe the long-term impact widened income inequality. As debates continue, the #TrumpTaxCuts remain a key point of discussion in shaping future economic and fiscal policies in the U.S.