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PROMISE BROKEN: Trump Fails On Tax Refunds
April 17, 2026
Posted 4 hours ago by
President Donald Trump and congressional Republicans have been boasting that Americans received large tax refunds this year due to the “One Big Beautiful Bill” the GOP passed last year. “This is a tax season unlike any other because three big things are happening: lower taxes, bigger refunds, and more money in the pockets of hardworking Americans,” House Speaker Mike Johnson wrote Thursday morning in a post on X.
“Thanks to Republicans’ Working Families Tax Cuts, Americans’ tax rates are reduced permanently.” However, this year’s tax refunds were actually far smaller than expected, according to an analysis from Heather Long, the chief economist at Navy Federal Credit Union. “The White House (and many economists) expected 700 to 1,000 higher refunds, on average,” Long wrote in a post on X, adding that “the reality is closer to 375” for members of her credit union. The IRS’s own data shows a slightly smaller average refund increase of 346.read more
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