Americans Get Bad News About $1,000 Tax Refund Increase
Mădălin Mihai
Americans are set to receive some bad news regarding the average $1,000 tax refund increase expected for the 2025 tax year. Because President Donald Trump's tariffs cost Americans an average of $1,000 per household last year, the extra $1,000 in refunds could make a minute difference. Moving into 2026, the tariffs are likely to cost an average of $1,300 per household. The One Big Beautiful Bill Act ushered in a wave of tax changes that significantly update what Americans owe and potentially how
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