#TrumpTaxCuts The impact of the #TrumpTaxCuts continues to be a major topic of discussion. Designed to boost economic growth by reducing corporate and individual tax rates, these cuts reshaped financial strategies for businesses and individuals alike. Many companies used the tax savings for stock buybacks, dividends, and expansion plans. For individuals, the standard deduction doubled, helping some taxpayers while others, especially in high-tax states, faced higher effective rates due to the SALT cap. Supporters argue the cuts fueled economic expansion and job creation, while critics claim they disproportionately benefited the wealthy. As election seasons approach, the future of these policies remains uncertain.