#TrumpTaxCuts #TrumpTaxCuts

Trump Tax Cuts were introduced in the United States in 2017, aimed at reducing the financial burden on businesses and individual taxpayers. Under this law, the corporate tax rate was reduced from 35 percent to 21 percent. The initiative claimed that it would boost the economy, create jobs, and increase people's incomes. However, critics argue that these tax cuts primarily benefited the wealthy and increased the national debt. The debate continues today in economic and political circles as to whether the benefits of this policy reached the general public.