With nearly unanimous Republican support, Congress passed, and then-President Donald Trump signed the historic Tax Cuts and Jobs Act (TCJA) in 2017, which helped create economic expansion over the past six years. Taxpayers and businesses nationwide benefited from this landmark legislation that provided financial security. The tax cuts benefited the middle class, and nearly all Americans experienced larger take-home incomes. Further, many companies could provide bonuses, hire additional workers, and increase wages.
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