Americans are about to receive the biggest tax refund season in history.
At a press briefing on December 11th, White House Press Secretary Karoline Leavitt announced that Americans can prepare for a major boost to their bank accounts in the coming months. The 2026 tax filing and refund season is approaching, and it is predicted to be the biggest tax refund season ever, thanks to the "Big and Beautiful" tax cut bill signed into law by President Trump.
New analysis from Piper Sandler shows that Americans could receive tax refunds up to one-third higher than the annual average, equivalent to an extra $1,000 per filer. This money flows directly into people's pockets, providing them with additional financial resources at the start of the new year.
Ms. Leavitt emphasized that it is only thanks to President Trump's leadership and the Republican Party that Americans no longer have to pay taxes on tips, overtime pay, and Social Security contributions. The administration believes that hard-working laborers deserve to keep more than the money they earn each day.
Conversely, Ms. Leavitt noted that the entire Democratic Party voted against these massive tax cuts. The truth is that four years of "chaos" under former President Joe Biden created the very cost-of-living crisis that President Trump is now struggling to address. If the Democrats were given back power, they would revert to old policies, causing hyperinflation and plunging America back into its previous expensive cost-of-living situation. She argued that only President Trump and the Republican Party are truly putting American workers first.
Source: https://vtv.vn/nguoi-dan-my-sap-nhan-mua-hoan-thue-lon-nhat-trong-lich-su-100251212145219972.htm
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