Editorial: La Vanguardia

• President Trump achieved a major political victory with the approval of his mega tax reform.
• The law reduces taxes for the rich and subsidies for low incomes.
• Defense and immigration policy spending will be increased, and there will be cuts in social programs and expenses.
• The legislation will add about 3.3 trillion dollars to a federal debt that already reaches 37 trillion dollars.
• 60% of the benefits will benefit those who earn $217,000 or more a year.
• The law is facing severe criticisms, as it is pointed out that it privileges the rich at the expense of the poor and vulnerable.
• States will have to make difficult decisions in the face of reductions in federal support for social programs.

Conclusion: While Trump's tax reform represents a political victory for him, it raises concerns about long-term economic impact and the deepening of the inequality gap in the United States.

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