Trump Claims 20% Tax Refund Boost with No Tax on Tips, Overtime, or Social Security

Trump claims 20% tax refund boost with no tax on tips, overtime, or social security

Trump announced that Americans could receive unprecedented tax refunds this year, with estimates of over 20% returned to taxpayers under “The Great Big Beautiful Bill.” He highlighted key benefits, including no tax on tips, overtime, or Social Security, and interest deductions on car loans.

Why some Californians could get bigger income tax refunds this year

For folks who have been putting off doing their income taxes, here’s an incentive: Recent changes in federal tax law could mean bigger refunds for many taxpayers, a Vallejo tax preparer said. New tax law provisions in the so-called “One Big Beautiful Bill” of 2025 become effective this year, impacting federal taxes, credits and deductions. (The bill did not change California state taxes.) RELATED: Tax season is here. Here’s what you need to know…

Donald Trump issues tax refund update to millions

Trump administration officials have said numerous times that tax refunds are expected to be larger this year.

Trump touts potential 20% tax refunds from 'Big Beautiful Bill'

President Donald Trump said tax refunds this year will be substantially larger than ever before because of his signature "One Big Beautiful Bill," which was passed last year.Trump took to Truth Social to promote the expected refunds ahead of the 2026 filing season, arguing that some taxpayers could see more than 20% returned.Taxpayers generally must file their 2025 federal returns by April 15, 2026, and if they file electronically with direct de…

Trump says tax refunds could soar over 20% thanks to one big beautiful bill

The post Trump says tax refunds could soar over 20% thanks to one big beautiful bill appeared on BitcoinEthereumNews.com. President Donald Trump is touting potentially major tax refunds ahead of the 2026 filing season, claiming that millions of Americans could see their refunds rise by over 20% due to his signature tax overhaul, the One Big Beautiful Bill Act. In a post on his social platform, Trump said that taxpayers will receive “substantiall…

The Big Beautiful Bill’s Best-Kept Secret: No Tax on Car Loan Interest

There's More in the Big Beautiful Bill Than Just No Tax on Tips By now, most people have heard about the "no tax on tips" provision in President Trump's One Big Beautiful Bill. It got lots of attention. But tucked inside that same law is another tax break that could save millions of American...