04.16.26

Republicans Delivered Historic Tax Relief

Thanks to Republicans’ Working Families Tax Cuts, American Workers, Families, and Small Businesses Owed Less Money to Uncle Sam This Tax Season and Have New Opportunities to Get Ahead

AMERICANS KEPT MORE OF THEIR HARD-EARNED MONEY THIS TAX DAY – AND THAT’S CAUSE FOR CELEBRATION

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“All these things are working. Filing season may be ending, but the benefits of the Working Families Tax Cuts are not.” – Senate Finance Committee Chairman Mike Crapo (R-Idaho)

  • “This Tax Day, more people might be celebrating their refunds than usual.” (The Washington Post: Tax refunds shoot up as Americans take advantage of new deductions – 4/15/26)
  • “Across the country, as Americans are filing their returns, the full effect of the tax cuts that Republicans passed last year has started to come into view.” (The New York Times: ‘I Got Back Every Penny’: Inside Trump’s Supercharged Tax Season – 4/4/26)
  • “The average refund this filing season is over $3,400 – 11% higher than last year, and 19% higher than the average return over the prior 4 years.” (White House: This Tax Day, Americans Are Keeping More of What They Earn – 4/15/26)
  • “[T]he IRS sent out much more money than at the same point last year: more than $241 billion in refunds, a 14 percent increase compared to $211 billion last year.” (The Washington Post: Tax refunds shoot up as Americans take advantage of new deductions – 4/15/26)
  • “About 70% of taxpayers got a refund through the start of April, compared to 67% at the same time last year.” (Bloomberg: Trump’s Tax Cuts Fuel Both Parties for Midterms – 4/15/26)
  • Despite Americans keeping more of their hard-earned money and celebrating the benefits of the Working Families Tax Cuts, Senate Democrat Leader Chuck Schumer (D-N.Y.) continues to call the results of the law a “scam.” (Sen. Schumer: Floor remarks – 4/16/26)

TENS OF MILLIONS OF AMERICANS ARE SEEING THE RESULTS OF THE WORKING FAMILIES TAX CUTS, INCLUDING THE BENEFITS OF NO TAX ON TIPS AND NO TAX ON OVERTIME

  • “We’ve seen an overwhelming adoption of the President’s key tax priorities, with 53 million Americans (45% of all filers) benefiting from at least one of President Trump’s signature new tax cuts.” (White House: This Tax Day, Americans Are Keeping More of What They Earn – 4/15/26)
  • “The New York Times spoke with three dozen Americans up and down the income ladder to understand how the tax cuts are reshaping their finances… Many of the taxpayers said they had received their largest refund in years, money that is going toward paying down credit card debt, catching up on bills, padding savings accounts or covering the cost of a vacation.” (The New York Times: ‘I Got Back Every Penny’: Inside Trump’s Supercharged Tax Season – 4/4/26)
  • “The Republican law increased the standard deduction and included many new tax cuts for specific groups. The child tax deduction increased, from a maximum of $2,000 to $2,200 per child.” (The Washington Post: Tax refunds shoot up as Americans take advantage of new deductions – 4/15/26)
  • “More than six million Americans have claimed No Tax on Tips, with an average deduction of over $7,100, providing meaningful relief to service workers who rely on gratuities.” (White House: This Tax Day, Americans Are Keeping More of What They Earn – 4/15/26)
    • “Alia Shawa, 35, benefited from the new tip and car-loan deductions, as a server at a New York City restaurant who bought a new car in July. She earned about $40,000 in tips and was able to skip paying taxes on $25,000 of it.” (The Washington Post: Tax refunds shoot up as Americans take advantage of new deductions – 4/15/26)
    • “In 2024, Shawa’s husband, a chef, earned more money than he thought he would, so they owed a painful $12,000 tax bill. ‘It totally broke us,’ she said.” (The Washington Post: Tax refunds shoot up as Americans take advantage of new deductions – 4/15/26)
    • “In 2025, they withheld much more during the year, plus they benefited from the new deductions, adding up to a whopping $26,000 refund. ‘I finally get something back. ... For how much we work, we weren’t getting help.’” (The Washington Post: Tax refunds shoot up as Americans take advantage of new deductions – 4/15/26)
  • “The overtime deduction, on the other hand, has proven far more popular than anticipated, with more than 23 million households claiming it as of early April.” (The Washington Post: Tax refunds shoot up as Americans take advantage of new deductions – 4/15/26)
    • “Ashley Norwood’s ears perked up when she first heard about President Trump’s campaign promises to not tax tips and overtime. As a bartender, Mrs. Norwood earns plenty of tips, and her husband, a diesel technician, works a lot of overtime. Mr. Trump’s tax cuts seemed tailor-made to help her family of five, and Mrs. Norwood said she voted for Mr. Trump in 2024 largely because of them.”
    • “[I]t 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.’” (The New York Times: ‘I Got Back Every Penny’: Inside Trump’s Supercharged Tax Season – 4/4/26)

THE WORKING FAMILIES TAX CUTS LAW GAVE SENIORS A HELPING HAND, ENSURING THAT THEY KEEP MORE OF THEIR RETIREMENT MONEY

  • “The Republican law also gave qualifying senior citizens a new $6,000 deduction, which can cut their overall tax bill by as much as $1,320, according to analysis by the Bipartisan Policy Center.” (The Washington Post: Tax refunds shoot up as Americans take advantage of new deductions – 4/15/26)
    • “Karen Richardson, 68, has had a predictable tax return since she retired from her job administering government benefits four years ago. She lives on a fixed income and usually owes some money at tax time, so she was surprised to get a $1,000 refund this year due to the senior deduction.” (The Washington Post: Tax refunds shoot up as Americans take advantage of new deductions – 4/15/26)
    • “‘The Big Beautiful Bill worked for me,’ she said. ‘I didn’t think it applied to more than the richer people. ... I really didn’t think it applied to me.’” (The Washington Post: Tax refunds shoot up as Americans take advantage of new deductions – 4/15/26)
    • “Nicole Mendoza earns tips, as a waitress. At 68, she works a couple of shifts a week at a Cracker Barrel in Canton, Ga., to supplement her Social Security income and savings. All told, Ms. Mendoza said, she earned about $38,000 last year and paid $551 in federal income taxes. ‘I got back every penny,’ Ms. Mendoza said of filing her taxes.” (The New York Times: ‘I Got Back Every Penny’: Inside Trump’s Supercharged Tax Season – 4/4/26)
  • “When asked to rank their favorite tax cut, Republicans and Democrats alike ranked the new $6,000 senior deduction for taxpayers 65 and older first, and the increased standard deduction second.” (The Wall Street Journal: Americans Are Getting Big Tax Cuts, Whether They Know It or Not – 4/15/26)

MILLIONS OF SMALL BUSINESSES RECEIVED PERMANENT TAX RELIEF, ALLOWING THEM TO INVEST AND GROW WITH CERTAINTY

  • Small businesses are benefiting from the Working Families Tax Cuts’ permanent provisions to spur growth and create new jobs:
    • “Nearly 12 million small business owners are seeing an average tax reduction of nearly $7,000, while the permanent extension of the 20% Qualified Business Income deduction is delivering $4,600 in average relief to eight million entrepreneurs.” (White House: This Tax Day, Americans Are Keeping More of What They Earn – 4/15/26)
    • “The Working Families Tax Cut Act gives us confidence and certainty when we invest into our business by expanding jobs and implementing new technologies and equipment. All of this is impactful for our community, where we continue to grow and push advanced manufacturing jobs…” – Colby Coombs, CFO of Winthrop Tackle in Connecticut
    • “The Working Families Tax Cuts Act is important to a company like ours because it creates stability in our tax code. The stability helps us confidently invest, grow, and create high-quality manufacturing jobs right here in North Central Iowa.” – Tom Mangan, President and CEO of Sukup Manufacturing Company in Iowa
    • “The Working Families Tax Cuts Act has had a direct and meaningful impact on our business… This growth translates into real opportunities – more jobs, bigger facilities, and increased economic activity. And it’s not just the businesses that benefit: The Working Families Tax Cuts Act is also helping our employees.” – Dan Sweetwood, President of Allied PhotoChemical in Michigan