#TrumpTaxCuts
Trump Tax Cuts
Introduction
The Trump Tax Cuts are one of the most prominent economic policies during the presidency of Donald Trump (2017–2021). These cuts had a significant impact on the American economy, both in terms of growth rates and the federal deficit.
These cuts were passed through an official law known as:
The Tax Cuts and Jobs Act (TCJA) in December 2017.
Objectives of the Trump Tax Cuts
Stimulate economic growth by reducing the tax burden on businesses and individuals.
Encourage domestic investment by lowering corporate taxes.
Increase jobs by providing a more favorable financial environment for businesses.
Simplify the tax system to facilitate compliance and reduce administrative complexities
