#特朗普税改 Trump's tax reform is the largest tax reform in the United States in nearly 30 years. Its core content includes reducing the corporate income tax from 35% to 21%, simplifying individual income tax brackets, and encouraging the repatriation of overseas funds. This policy aims to enhance the competitiveness of American businesses, but it has also been criticized for primarily benefiting high-income groups and large corporations, potentially exacerbating wealth inequality. In addition, the tax reform promotes global capital flow, encouraging some manufacturing to return to the United States, but it may also trigger international tax competition. With some provisions set to expire at the end of 2025, the long-term effects of the tax reform remain to be seen.