#TrumpTaxCuts #TrumptaxCuts are a key topic in American politics in 2025. President Trump is seeking an extension of the tax cuts from 2017, which are set to expire at the end of the year. The proposal includes a reduction of the corporate income tax to 15% and an exemption for tips, overtime, and Social Security income from taxes. It is estimated that this could increase the federal deficit by more than 4.5 trillion dollars over ten years. Republicans propose cuts of 2 trillion dollars, mainly in the areas of Medicaid and green energy incentives, which, however, faces resistance within the party. Wall Street expects that tax cuts will support stock growth, with the S&P 500 potentially reaching 7,500 points by 2026. However, analysts warn that extending tax cuts without compensatory measures could worsen state debt and increase interest rates. #TrumptaxCuts