#XRPETFs #TrumpTaxCuts The #TrumpTaxCuts, officially the Tax Cuts and Jobs Act of 2017, significantly altered the U.S. tax code. Key changes included reducing the corporate tax rate from 35% to 21%, and temporary reductions in individual income tax rates.

Supporters argued that these cuts would stimulate economic growth by encouraging business investment and job creation. However, critics expressed concern over the rising national debt and the disproportionate benefits to wealthy individuals and corporations.

The debate continues over the long-term economic impacts of the #TrumpTaxCuts, especially as some individual tax cuts are set to expire in 2025 ok.