A hashtag #TrumpTaxCuts returned to the center of political and economic debate in 2025, with former President Donald Trump seeking to make permanent the tax cuts implemented in 2017.

The current proposal includes the elimination of taxes on tips, Social Security benefits, and overtime earnings, aiming to benefit workers with an annual income below US$ 200 thousand.

However, experts warn that these measures could increase the fiscal deficit by up to US$ 9 trillion in the next decade, if not accompanied by significant cuts in social programs like Medicaid.

Additionally, the elimination of taxes on Social Security could compromise the long-term sustainability of the system, accelerating the depletion of reserve funds. While the Trump administration pushes for a quick approval in Congress, the proposal faces resistance from both Democrats and Republicans concerned about the fiscal and social implications of the changes.

The discussion about tax cuts reflects the complex choices between immediate economic stimulus and long-term fiscal responsibility.