Trump’s tax plan 2025 refers to a set of proposed changes to the United States tax code that were released by the Trump administration in 2019. The plan includes a number of significant changes, including reducing the corporate tax rate, increasing the standard deduction for individuals, and eliminating the estate tax.
The plan has been met with mixed reactions. Supporters of the plan argue that it will stimulate economic growth and create jobs. Opponents of the plan argue that it will primarily benefit wealthy individuals and corporations, and that it will increase the national debt.