In late $2017,$ the Trump Administration reduced corporate and small business taxes from $35$ percent on profits down to $21$ percent. They also got rid of dozens of unnecessary federal government regulations on business. $($Everything said up to this point is true$).$ What happened to the economy during $2018$ and $2019($the pre$-$COVID era$)?$ Multiple Choice $$ Business firms created more jobs. $$ Business firms saw their costs go down because a major cost like taxes were greatly reduced. $$ Business firms saw profit levels rise because tax expenses were cut.