#TrumpTaxCuts The "Trump Tax Cuts" primarily refer to the Tax Cuts and Jobs Act (TCJA), which was signed into law by President Donald Trump in December 2017. This legislation significantly altered the U.S. tax code, and its implications are still being discussed. Here's a breakdown of key aspects:

Key Provisions:

* Corporate Tax Cuts:

* The TCJA dramatically reduced the corporate income tax rate from 35% to 21%.