#TrumpTaxCuts Officially the Tex Cuts and Jobs Act of 2017, aimed to stimulate U.S. economic growth by reducing corporate and individual tax rates. Corporations saw a permanent tax rate cut from 35% to 21%, fueling stock buybacks, dividends, and increased market confidence. For individuals, tax brackets shifted downward, though most changes expire after 2025. Critics argue the cuts ballooned the national deficit and disproportionately benefited the wealthy. Supporters credit the policy for record-low unemployment and bullish markets pre-COVID. As elections near, debates on extending or reversing these cuts could significantly impact equities, crypto markets, and broader investor sentiment.