Tax Refunds Are 8.4 Percent Smaller Under Trump's Tax Code

Tax Refunds Are 8.4 Percent Smaller Under Trump's Tax Code
фото показано с : replyua.net

2019-2-17 22:45

The tax season, now regulated by President Trumps tax code for the first time, is well underway, and for some Americans it was not associated with a pleasant start. Despite the Presidents promises that most people would get tax cuts once his tax code is implemented, refunds for some taxpayers turned out to have the effect of a cold shower, being smaller than expected.

The IRS figures showed that as of February 1st, the number of returns accounted for 16. 04 million, which is 12. 4 percent down compared to the same period in 2018. At the same time, the average refund accounted for $1,865, 8. 4 percent down in comparison to 2018. .

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