United States: Bigger Refunds, Job Growth: Working Families Tax Cuts Are Transforming Tax Season

As Americans file their taxes ahead of Tax Day, President Donald J. Trump’s Working Families Tax Cuts are delivering real relief — putting more money back in the pockets of hardworking parents, strengthening families, protecting seniors, and helping build a brighter future for the next generation.

Real families and workers are seeing the difference:

• “I got back every penny,” said Nicole Mendoza of Georgia, a waitress who benefited from the No Tax on Tips provision.
• “Several folks have already filed their taxes and have already seen substantial increases of anywhere between a $1,500 and $2,500 increase in their tax [refund] this year,” said Joshua Chaisson of the Restaurant Workers of America in Maine.
• “It was really great to have that extra money and say, ‘We can pay off what we do owe and do something nice for ourselves and the family,’” said Ashley Norwood of South Carolina, who used both the No Tax on Tips and No Tax on Overtime provisions.
• “That can really give consumers the financial boost that they need,” said CarMax VP of Regional Sales Corey Haire, noting the positive impact of higher tax refunds on vehicle purchases.
• “[Seniors] will be owing less than they anticipated or they will be getting a refund — or maybe even a larger refund than they would previously get,”said Pennsylvania financial advisor Jay Foley on the No Tax on Social Security provision.

Small businesses are also gaining new confidence and certainty:

• “The Working Families Tax Cuts Act gives us confidence and certainty when we invest into our business by expanding jobs and implementing new technologies and equipment,” said Colby Coombs, CFO of Winthrop Tackle in Connecticut. “All of this is impactful for our community, where we continue to grow and push advanced manufacturing jobs.”
• “It creates stability in our tax code — and stability helps us confidently invest, grow, and create high-quality manufacturing jobs right here in North Central Iowa,” said Tom Mangan, President and CEO of Sukup Manufacturing Company.
• “The Working Families Tax Cuts Act has had a direct and meaningful impact… helping us grow and invest right here in Michigan,” said Dan Sweetwood, President of Allied PhotoChemical.

President Trump’s Working Families Tax Cuts are delivering bigger refunds, stronger families, and a more prosperous America. This is what putting American families first looks like.