Tax Refunds May Disappoint Many Americans

Despite President Trumps promises, many Americans may not see significant tax refunds next year. The tax cuts primarily benefit wealthier individuals and those in high-tax states, while most taxpayers will see modest savings, if any. The lack of updated payroll withholding guidance means many will receive their tax savings as a lump sum refund.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.