#TrumpTaxCuts The Trump tax cuts, officially known as the Tax Cuts and Jobs Act, brought sweeping changes to the U.S. tax system. Signed into law in 2017, the legislation lowered corporate tax rates, adjusted individual tax brackets, and aimed to stimulate economic growth. Supporters argue the cuts fueled business investment, job creation, and higher wages. Critics, however, claim the benefits mainly favored corporations and the wealthy, contributing to a rising national deficit. As the provisions for individuals are set to expire soon, the debate over the future of the Trump tax cuts continues. Their long-term impact will shape economic discussions for years to come.