The plan promises historic tax cuts for middle class Americans and businesses, aiming to stimulate growth, boost jobs, and put more money back in people’s pockets. Trump calls current Fed rates “crippling” and warns of major consequences if inflation isn’t addressed. 📉
Key Highlights:
Permanent Tax Cuts: Individual tax rates from previous reforms now locked in; corporate tax cuts favor U.S. manufacturers.
Expanded Deductions: SALT deduction cap raised, more tax free income options for families.
New Savings Accounts: “Trump Accounts” allow long term tax deferred savings for children.
Markets are reacting sharply. Wall Street shows volatility spikes, with investors weighing growth potential against inflation risks. Analysts expect mixed momentum across equities and bonds as traders digest policy shifts.
The Fed remains under scrutiny, with some anticipating further rate adjustments in response to Trump’s aggressive stance on inflation.
Stay tuned for real time market updates as this story unfolds. Traders, prepare for rapid swings both opportunity and risk are elevated. ⚡
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