American taxpayers are on course to receive some of the largest tax refunds in U.S. history this year as a result of President Donald Trump’s One Big Beautiful Bill (OBBB) which was signed into law last July 4.
Speaker of the House Mike Johnson (R-LA) recently acknowledged that the official start of tax season is typically a “dreaded time” for many people but told reporters that “this year, there’s going to be lots of happy surprises” due to the working families tax cuts contained in the OBBB.
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