Back to all updates

CPA Practice Advisor · Dec 15, 2025

Trump’s Promised Big Tax Cuts Are Expected to Disappoint the Average Worker

Tax Brief summary and classification of the original reporting.

Bottom Line

💡 Trump’s Promised Big Tax Cuts Are Expected to Disappoint the Average Worker. General industry update.

Summary

Forecasts of a bump in the average tax refund coming in the new year mask the uneven distribution of new tax breaks in President Donald Trump’s signature legislation, said Adam Michel, director of tax policy studies at the Cato Institute.

Classification

Category: backgroundPriority: informationalReason: General tax news

Applies To

1040

Affected Groups

Individual return preparers

Related Topics

Original Source

We aggregate public tax updates and provide AI-assisted summaries. Please read the original reporting for full details.

Read original article