US President Donald Trump previously announced that Americans may receive tax refund checks as a result of his landmark legislation also known as the 'One Big Beautiful Bill.' However, as tax season draws near for many working Americans, they may actually receive bigger refund checks than expected.
Most Americans filing taxes can expect bigger refund checks in the first tax season under the Trump administration's 'One Big Beautiful Bill' due to more deductions that would be made. Seen as Trump's signature legislation for his second term, the tax-and-spending bill acts as an extension of his 2017 tax cuts, resulting in a £2.9 trillion ($4 trillion) increase to the deficit. Experts also say that the legislation could potentially save US taxpayers hundreds or thousands of dollars.
