#TrumpTaxCuts

The #TrumpTaxCuts, enacted in 2017 through the Tax Cuts and Jobs Act, significantly reshaped the U.S. tax landscape by lowering corporate tax rates from 35% to 21% and reducing individual income tax rates across several brackets. Supporters argue that the cuts spurred economic growth, boosted business investment, and increased take-home pay for many Americans. Critics, however, contend that the benefits disproportionately favored the wealthy and added trillions to the national debt. As political debates continue, the long-term impact of the #TrumpTaxCuts remains a focal point in discussions about fiscal responsibility and income inequality in the United States.