#TrumpTaxCuts

The Trump Tax Cuts, officially known as the Tax Cuts and Jobs Act of 2017, reshaped America’s tax landscape with major reductions for corporations and individuals.

Designed to boost economic growth and job creation, the law slashed the corporate tax rate from 35% to 21% and expanded deductions for many households.

Supporters credit the cuts with stimulating investment and lowering unemployment, while critics argue they increased the federal deficit and disproportionately favored the wealthy.

As key provisions are set to expire in 2025, the future of the Trump Tax Cuts remains a central issue in upcoming economic and political debates.