#特朗普税改
As of late April 2025, U.S. President Trump is actively promoting a new round of tax reform aimed at making the individual tax cuts in the 2017 Tax Cuts and Jobs Act permanent, and introducing new tax incentives. These measures include tax exemptions for tips, Social Security income, and allowing the deduction of auto loan interest, among others. However, these tax reform proposals are expected to increase the federal deficit by approximately $4.6 trillion over the next decade, sparking intense debates in Congress over how to address the fiscal gap.
To offset the impact of reduced tax revenue, Republicans have proposed cutting $2 trillion in federal spending over the next decade, primarily targeting areas such as Medicaid, green energy tax credits, education, and agriculture. However, these cutting plans have caused divisions within the party, especially among representatives from high-tax states regarding the issue of restoring or raising the cap on state and local tax (SALT) deductions.
Additionally, the Trump administration has also proposed funding tax cuts by imposing tariffs on foreign goods and plans to establish a new "Foreign Income Service Agency" to manage these tariff revenues. However, economists warn that excessive reliance on tariffs could drive up consumer prices, adversely affecting low- and middle-income families.
Overall, Trump's tax reform plan aims to relieve the tax burden on individuals and businesses and stimulate economic growth, but its potential impact on the federal budget deficit and social welfare programs has raised widespread concern and controversy. In the coming weeks, Congress will engage in in-depth discussions on these proposals and strive to find a balance between tax relief and fiscal responsibility.