T he 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. Now, Trump is back in office, and Congressional Republicans’ first order of business is working overtime to extend the Trump tax cuts and, in the