Another Reason To Be Optimistic About 2026: The Tax Cut Still Hasn’t Hit Americans’ Wallets

Another Reason To Be Optimistic About 2026: The Tax Cut Still Hasn’t Hit Americans’ Wallets

There’s a lot of chatter about a potential recession next year because of the so-called “affordability crisis,” facing families. We’re not buying this pessimism. One of many reasons to be bullish is that most families haven’t felt the savings yet from the tax cut that passed in July. An estimated $190 billion of income tax relief (or about 0.5% of GDP) from the Trump Big Beautiful tax cut arrives in 2026, with most in the first half of the year:…