During the Trump administration, efforts to raise taxes on the super-rich and large tech companies faced major obstacles. Proposals aimed at increasing tax contributions from wealthy individuals largely stalled, as the focus shifted to tax cuts.
Despite discussions about tax reform, initiatives to tackle income inequality did not gain traction. Critics argued that existing tax policies favored the wealthy, worsening economic disparities.
The administration emphasized deregulation and lower corporate tax rates, claiming these measures would boost economic growth. However, opponents contended they neglected the needs of working-class Americans.
As the nation moves forward, the debate over tax policies for the super-rich and tech giants remains contentious, with calls for reform growing louder.
