"More than 53 million filers claimed a deduction under one of those provisions from Republicans' massive tax and spending law, with 6 million people claiming no tax on tips, 21 million claiming the overtime deduction and 30 million older Americans claiming the enhanced deduction."
"The average refund amount is $3,462, according to the latest IRS data, which is up 11% or about $350 from last tax year's $3,116 average refund payment."
"Treasury has shifted its messaging to tout that tax refunds this season are up 24% compared with the four-year average of refunds before President Donald Trump took office."
"Despite the passage of the Republican tax law which promised big savings for taxpayers, 7 in 10 Americans still think their taxes are too high."
The Trump administration reported that over 53 million filers benefited from new tax breaks, including deductions for tips, overtime, and seniors. Despite these provisions, 70% of Americans believe their taxes are too high. The average tax refund this season is $3,462, an 11% increase from the previous year. The administration aims to promote these tax cuts to boost voter enthusiasm ahead of midterm elections, although rising gas prices have overshadowed this message. The IRS has also experienced significant workforce reductions recently.
Read at ABC7 Los Angeles
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