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Published 2 days ago • loading... • Updated 2 days ago

How Big Business Is Cashing In On Trump’s Tax Cuts

Summary by Time Magazine

The 2017 Tax Cuts and Jobs Act was sold to the American public as a boon for working families and a catalyst for economic growth. At the time, President Trump and his allies in Congress promised that slashing the corporate tax rate by nearly 50% would lead to more jobs, higher wages, and a wave of investment in American innovation and infrastructure. [time-brightcove not-tgx=”true”] Now, Trump is back in office, and Congressional Republicans’ fi…

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How Big Business Is Cashing In On Trump’s Tax Cuts

The 2017 Tax Cuts and Jobs Act was sold to the American public as a boon for working families and a catalyst for economic growth. At the time, President Trump and his allies in Congress promised that slashing the corporate tax rate by nearly 50% would lead to more jobs, higher wages, and a wave of investment in American innovation and infrastructure. [time-brightcove not-tgx=”true”] Now, Trump is back in office, and Congressional Republicans’ fi…

2 days ago·United States

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Time Magazine broke the news in United States 2 days ago on Thursday, May 22, 2025.

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