#TrumpTaxCuts

**Trump Tax Cuts:

The Trump tax cuts, enacted in 2017, slashed corporate rates from 35% to 21% and reduced individual income taxes, benefiting high earners most. Supporters argue they boosted economic growth, stock markets, and job creation. Critics say they widened inequality, added $1.9 trillion to the deficit, and favored corporations over workers. While businesses saw record profits, wage growth remained modest. Some middle-class taxpayers faced higher bills due to capped deductions. The cuts are set to expire after 2025, sparking debate over renewal. Proponents call them vital for competitiveness; opponents demand reforms for fairness. The policy remains a defining legacy of Trump’s presidency. #TrumpTaxCuts