#TrumpTaxCuts The #TrumpTaxCuts, officially known as the Tax Cuts and Jobs Act of 2017, brought major changes to the U.S. tax code. By lowering corporate tax rates from 35% to 21% and adjusting individual brackets, the law aimed to stimulate economic growth and boost job creation. Supporters credit the cuts with strengthening the economy pre-pandemic, while critics argue they disproportionately benefited corporations and the wealthy, increasing the national deficit. As discussions about extending or revising these cuts heat up, their long-term impact on economic inequality and federal revenue remains a key issue in American political debate