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IRS touts a 24% increase in tax refunds compared to the previous administration
Average refunds are $3,521, up 11% from last year, as the administration credits tax breaks and spending cuts in the Republican law.
- The Internal Revenue Service reports that tax refunds are up 24% compared to the pre-Donald Trump era average.
- The average refund is now $3,521, an 11% increase from last year’s $3,170.
- The increase is attributed to recent Republican tax policies, including cuts and deductions affecting various income groups.
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13 Articles
13 Articles
Associated Press News+12 Reposted by 12 other sources
IRS touts a 24% increase in tax refunds compared to the previous administration
The Trump administration is highlighting a 24% increase in individual tax refunds this season compared with those issued during the previous administration.
·United States
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Total News Sources13
Leaning Left5Leaning Right2Center6Last UpdatedBias Distribution46% Center
Bias Distribution
- 46% of the sources are Center
46% Center
L 39%
C 46%
15%
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