Center for American progress reveals that average tax refund has fallen short of Trump promise. Actual $346 average increase instead of promised $1000 for 2026. Average is heavily driven by larger refunds for highest income earners and is not representative of the median taxpayer. But cost increases for healthcare insurance and other things outweigh increase in tax refund.
That's the bottom line................ always.
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Quote Originally Posted by thirdperson:
Center for American progress reveals that average tax refund has fallen short of Trump promise. Actual $346 average increase instead of promised $1000 for 2026. Average is heavily driven by larger refunds for highest income earners and is not representative of the median taxpayer. But cost increases for healthcare insurance and other things outweigh increase in tax refund.
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