Tax filing data shows $3,700 average refund, with millions claiming no tax on tips, overtime under new law
Average tax refunds have surged past $3,700 this filing season.
The Trump administration credits recent tax cuts for the increase.
Key provisions include no tax on overtime, tips, and enhanced senior deductions.
A new long-term “Trump Account” savings program has been launched for children.
Every congressional Democrat voted against the legislation creating these cuts.
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