Trump’s tax-refund gamble may yield a short-lived pocketbook boost
TL;DR Summary
President Trump bets bigger spring tax refunds—bolstered by the GOP tax cuts—that they’ll boost his political fortunes, but economists warn the relief could be short-lived as rising costs (housing, healthcare, energy) erode gains, with many filers not receiving large refunds and one-off payments unlikely to shift long-term sentiment.
- ‘The sugar high will be short lived’: Trump’s big bet on tax refunds might not pay off Politico
- 2025 Tax Returns: Here’s What to Know About Filing This Year The New York Times
- Trump is giving the U.S. economy a $65 billion tax-refund shot in the arm, mostly for higher-income people, BofA says Fortune
- New tax credits, deductions to know this season NBC 5 Dallas-Fort Worth
- How To Pay Less And Stay Safe As The Tax Code Changes And The IRS Crumbles Forbes
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