#TrumpTaxCuts Donald Trump’s tax policies are central in 2025, rooted in the 2017 Tax Cuts and Jobs Act (TCJA), which lowered individual and corporate tax rates. By 2019, tax revenues fell $430 billion short of projections, largely benefiting the top 5%. In 2025, Trump pushes to permanently extend the TCJA, alongside new cuts on tips, overtime pay, and Social Security benefits, though these are paired with higher tariffs on imports.

Analysts warn that Trump’s tariffs could disproportionately hurt lower-income households, with minimal benefits for the top 1% by 2026. The TCJA remains unpopular—only a third of Americans approved it by 2019—though Trump’s team claims it drove 2018 growth. In 2025, TrumpTaxCuts aim to shape his economic legacy, but their uneven impact continues to fuel debate.

The TCJA extension and new cuts could appeal to you, but the tariff trade-off might make you wary of inflation risks.