#TrumpTaxCuts Donald Trump's tax cut plans are making headlines, with the president promising the "largest tax cuts in history" without affecting Medicare and Social Security. Trump's proposals include¹ ²:

- *Key Tax Cuts:*

- Eliminating taxes on tips, overtime, and Social Security benefits

- Reducing corporate tax rates to stimulate investment and growth

- Renewing the 2017 Tax Cuts and Jobs Act

- *Potential Impact:*

- Estimated cost: $8-$10 trillion over a decade

- Potential benefits: increased disposable income, economic growth, and job creation

- Concerns: strain on federal budget, potential increases in national debt