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