White House Says 97 Percent Of Filers Got A Tax Cut Under President Trump’s Law
4 Articles
4 Articles
White House Says 97 Percent Of Filers Got A Tax Cut Under President Trump’s Law
One year in, the first scorecard is here. The White House marked the anniversary of President Trump’s Working Families Tax Cuts on July 3 with a numbers-heavy report on what the law actually did for people’s wallets. The headline figure: Americans claimed $82 billion in direct tax relief. Even better, the White House says 97% of filers received a tax cut. This is an Independence Day weekend story about money landing in real hands. Refunds jumped…
Donald Trump signed just a year ago the Working Families Tax Cuts, the biggest tax rebate for American workers in decades. This July 4, coinciding with the 250th anniversary of independence, the White House has taken stock: $82 billion in direct relief, 29 million workers who stopped paying for their overtime and a record average return of $3,400, 11% more than the previous campaign. The figure, which the Administration calls “a boom for foot wo…
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