Tax Refunds May Disappoint Many Americans

Tax Refunds May Disappoint Many Americans

Update: 2025-12-15
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Despite President Trumps promises, many Americans may not see significant tax refunds next year. The tax cuts primarily benefit wealthier individuals and those in high-tax states, while most taxpayers will see modest savings, if any. The lack of updated payroll withholding guidance means many will receive their tax savings as a lump sum refund.

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Tax Refunds May Disappoint Many Americans

Tax Refunds May Disappoint Many Americans