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International Business Times UK
International Business Times UK
Politics
Luis Vincent Gochoco

Trump's One Big Beautiful Bill Boosts $1000 Refund Rush – Treasury Braces for Record Payouts

Filing taxes is usually a chore, but for millions of American families, the 2026 season might feel more like winning the lottery.

A massive wave of cash is heading back to taxpayers, with the Treasury preparing to release a record-breaking sum that could seriously shake up consumer spending this spring. This financial jolt comes from a legislative twist that effectively forced a savings plan onto the workforce, leading to a payout unlike anything we have seen before.

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