Trump’s Tax Cuts: How They Benefited the Rich and What the Implications Are
Introduction The American tax landscape experienced a seismic shift with the passage of the Tax Cuts and Jobs Act (TCJA) in 2017. While proponents hailed it as a catalyst for economic growth, critics argued it was a giveaway to the wealthy, exacerbating income inequality and ballooning the national debt. Just consider this: preliminary analysis revealed…