#TrumpTaxCuts , passed in 2017, significantly reduced corporate tax rates from 35% to 21% and provided temporary tax relief for individuals. Supporters argue the cuts spurred economic growth, boosted job creation, and increased wages. Critics claim the benefits mainly favored corporations and the wealthy, while adding trillions to the national debt. Middle-class tax breaks are set to expire after 2025, raising concerns about long-term impacts. The legislation remains a key topic in political debates, symbolizing broader arguments over economic policy, inequality, and fiscal responsibility. Its true effects continue to be analyzed and debated years after its passage.