pull down to refresh
21 sats \ 0 replies \ @winteryeti 23h \ on: Americans Could See Up To $2,000 Tax Refunds (in Q1) Next Year: Bessent news
The number keeps bouncing around. First it was $2,000, last night it was $1,000. There was also talk about the amount being income-based so it would phase out for higher AGIs. In addition, now there's talk it's a withholding benefit. Well that's not really a refund. That's more cash in your pocket at paycheck time, but your taxes still remain the same at the end of the year. You just get less of a refund or owe more come next April after the withholding adjustment. Sleight of hand there.