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Bessent expects taxpayers will see 'very large' tax refunds early next year

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7 hours ago

Treasury Secretary Scott Bessent said that American households will see "very large refunds" in the tax filing season early next year following policy changes under the One Big Beautiful Bill Act (OBBBA).Bessent spoke to NBC10 Philadelphia on Tuesday ahead of an event touting the Trump administration's economic policies and said that American taxpayers could see sizable refunds following the enactment of the OBBBA.The treasury secretary noted that the tax law included retroactive provisions for policies that will impact what taxpayers owe on this year's earnings, which could boost the size of...

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7 hours ago
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