#TrumpTaxCuts

The *Trump Tax Cuts* were one of the most prominent features of Donald Trump's economic presidency. These cuts were represented in the "Tax Cuts and Jobs Act" of 2017, which significantly reduced taxes on corporations and individuals. The goal of this plan was to stimulate economic growth, attract investments, and reduce unemployment by easing the tax burden. Initially, markets observed faster growth, and corporate profits improved, positively reflecting on the stock market. However, later questions arose regarding the impact of these cuts on the federal deficit, as government debt increased significantly. The cuts remain a topic of debate among economists and policymakers.