..But, the taxpayers most likely to see bigger refunds are higher-income households, primarily the top 20% of earners, w

[riversedge]

Millions to receive refund windfall from Trump's new tax law (will you be one?)
Story by Summer Nevins • 15 hours


https://www.msn.com/en-us/money/taxes/millions-to-receive-refund-windfall-from-trump-s-new-tax-law-will-you-be-one/ar-AA1RXkdh?ocid=msedgntp&pc=U531&cvid=2cd3ad1353034665f2edb14e46906e98&ei=10
Trump's One Big Beautiful Bill was signed into law in July of 2025, and provisions of the bill bring big changes to many taxpayers. From revised income brackets to expanded deductions and credits, millions of taxpayers could see unexpectedly larger refunds or face smaller tax bills when they file next year.

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The updates are reshaping how much Americans owe, no matter where you stand financially. So, whether you're planning for retirement or have exited the workforce, here's a look at what changed, how it could affect you, and who stands to benefit the most.


Millions could receive tax refunds next year

If you're needing to get out ot tax debt (amongst other scenarios), you could be in luck. Many workers are likely having too much withheld from their paychecks. This is because even though tax changes from the "One Big Beautiful Bill" are already in effect, the IRS hasn't updated its tax rate tables to match. As a result, millions could end up with larger tax refunds next year once the updated rules are fully reflected in official calculations.

[eShirl]

1. just another way to screw the non-wealthy

[Irish_Dem]

2. Another way for the rich to get richer.