Saturday, March 02, 2019

Average tax refund jumps to $3,100, dents Democrat claims of tax cut trickery - Washington Times

Average tax refund jumps to $3,100, dents Democrat claims of tax cut trickery - Washington Times:

Image result for flickr commons images IRS Tax forms 2018The average tax refund so far this filing season is more than $3,100, the Treasury Department reported Thursday, putting things on track and denting Democrats’ claims that the 2017 tax cuts were actually hurting Americans’ wallets.
Returns are still coming in more slowly than in 2018, and not as many have been finalized by the IRS.
But the average refund is $3,143, topping last year’s $3,103.
That’s a major change from just a week ago, when the average refund was about $2,600 — and some prominent Democrats suggested the 2017 tax overhaul had backfired.

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