#TrumpTaxCuts
Here’s a 100-word text on Trump Tax Cuts:
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The Trump Tax Cuts, officially known as the Tax Cuts and Jobs Act of 2017, aimed to stimulate economic growth by reducing taxes for individuals and businesses. The legislation lowered the corporate tax rate from 35% to 21% and restructured individual tax brackets, offering temporary relief to many taxpayers. Supporters argue the cuts spurred investment, job creation, and economic expansion. Critics claim they disproportionately benefited the wealthy and increased the federal deficit. While the economy grew initially, long-term impacts remain debated. Some provisions are set to expire by 2025, prompting discussions about future tax policies and economic implications.
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