#TrumpTaxCuts The Trump tax cuts, officially known as the Tax Cuts and Jobs Act (TCJA), were a significant overhaul of the US tax code. Here are some key aspects:

- *Corporate Tax Rate*: The TCJA reduced the corporate tax rate from 35% to 21%, aiming to boost economic growth and competitiveness.

- *Individual Tax Brackets*: The TCJA lowered individual tax brackets, with the top rate decreasing from 39.6% to 37%.

- *Standard Deduction*: The standard deduction was nearly doubled, from $6,350 to $12,000 for single filers and