The #TrumpTaxCuts tax cuts were implemented during the administration of former President Donald Trump in 2017. Known as the "Tax Cuts and Jobs Act", the law reduced taxes for businesses and individuals. The main idea was to stimulate economic growth, increase business investment, and create more jobs. Businesses received larger cuts, while the benefits for individuals varied. Critics argue that it favored the wealthy and increased the public deficit. Supporters believe it helped the economy grow. The impact of the Trump Tax Cuts is still being discussed among experts and politicians in the United States.