Hassett: US ‘going to see the biggest tax refund season of all time’ in 2026
The new federal tax law causes many taxpayers to receive larger refunds, with average increases of $300 to $1,000, benefiting seniors, tipped, and overtime workers.
- National Economic Council Director Kevin Hassett predicted the largest-ever U.S. tax refund cycle in 2026 during televised interviews including Fox Business and Fox News Sunday; Reuters reports the season runs from Jan. 28, 2026 to April 15.
- Because withholding tables were not updated, officials say the IRS held more money and must return it, with refunds increasing by $300 to $1,000, following the enactment of the One Big Beautiful Bill Act in July 2025.
- Officials are also weighing a 1,490 'tariff dividend' cheque, benefiting low- and middle-income households, Hassett said.
- Several states have passed decoupling legislation to protect budgets, while Georgia, Maryland and South Carolina are expected to address tax relief next year, causing uneven effects.
- Since elections were held last month, the White House has focused on the U.S. economy as Republicans in the House and Senate push further tax proposals, including President Donald Trump's $1,776 'warrior dividend' bonus.
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Trump Economist: American Families Should Expect ‘Massive’ Tax Savings
President Donald Trump and his National Economic Council Director Kevin Hassett are promising a "massive" financial boost for taxpayers through huge tax refunds and higher take-home pay, projecting savings for many families between $11,000 and $20,000 annually. The post Trump Economist: American Families Should Expect ‘Massive’ Tax Savings appeared first on Slay News.
White House predicts biggest tax refunds ‘of all time’ amid affordability push
Director of the National Economic Council Kevin Hassett joins 'Fox News Sunday' to discuss the affordability crisis, tariffs and what he says Americans can expect in the 2026 tax season.
Hassett says 2026 will see 'biggest tax refund season' ever
National Economic Council Director Kevin Hassett predicted that U.S. taxpayers will “see the biggest tax refund” next year. Hassett appeared on Fox News Sunday to credit the One Big Beautiful Bill act for his optimism about taxes in 2026. “There’s so much good news in the new year because you’re going to see the biggest tax refund season of all time. The ‘big, beautiful bill’ was passed in July. You know, the IRS didn’t have time to change all t…
Hassett: US ‘going to see the biggest tax refund season of all time’ in 2026
White House National Economic Council Director Kevin Hassett said Sunday that the United States is “going to see the biggest tax refund season of all time” in 2026. “There’s so much good news in the new year, because you’re going to see the biggest tax refund season of all time. The ‘big, beautiful bill’ was…
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