#TrumpTaxCuts

**Trump Tax Cuts: Growth Engine or Deficit Driver?**

The Trump tax cuts, enacted in 2017, continue to spark debate in 2025. Supporters champion the reduction of corporate taxes to 21%, claiming it unleashed economic growth, with the Tax Foundation estimating a $1.1 trillion GDP boost. Individual rate cuts also increased take-home pay for many, fueling consumer spending. However, critics highlight the fiscal cost, with the Congressional Budget Office projecting a $1.9 trillion deficit increase over ten years. They argue the cuts disproportionately benefited corporations and the wealthy, leaving middle-class gains minimal. As the cuts face expiration in 2025, lawmakers grapple with extending them, weighing economic stimulus against mounting debt in a politically charged decision.