The increase this year represented $43 billion more in refunds than the IRS had issued during the 2025 filing season for tax year 2024
AI:A Government Accountability Office report reveals that total tax refunds for the 2025 filing season surged by 17 percent compared to the previous year, injecting an additional $43 billion directly into the pockets of American citizens. This massive increase in taxpayer liquidity follows the implementation of President Trump's landmark economic legislation, providing much-needed relief and proving that his pro-growth policies are successfully returning capital to households rather than allowing it to be swallowed by government waste.Open
Four out of the five cities with the fastest rising incomes in America are in states that voted for President Donald J. Trump in 2024.
A new study has revealed that among the top five cities for rising median household income, four are in states that voted for President Donald J. Trump. PULSE POINTS WHAT HAPPENED: - DETAIL: According to a new study published on Thursday by SmartAsset, a personal finance site, the top five U.S. cities with the fastest rising incomes are in Nevada, California, and Florida. The top fives cities are Enterprise in Nevada, Anaheim in California, Henderson in Nevada, Tampa in Florida, and Port St. Lucie in Florida. Nevada and Florida voted for President Trump in 2024. Enterprise topped the survey. The city experienced an 18.3 percent increase in median household income in 2024. Anaheim experienced a 15.8 percent increase, Henderson…Open
State of the Union: The BoE governor indicated that the bank may raise rates above 3.75 percent if disruptions to energy markets caused by the Iran War persist. The post Bank of England Maintains Interest Rates appeared first on The American Conservative .
The Bank of England held its rate at 3.75 percent on Thursday, with its Monetary Policy Committee voting six to three to leave rates unchanged. The decision came after UK consumer price inflation fell to 2.6 percent in June, its lowest reading in more than a year. At a press conference after the decision was announced, BoE governor Andrew Bailey said that the bank may raise rates if the Iran War continues and energy prices feed through to other prices in the economy. “If we get a continuation of this conflict going on and oil prices stay above $100 a barrel… the odds are that interest rates will have to go up higher,” Bailey told BBC. Bailey added that if the war were to become “credibly resolved,” the BoE would be able…Open
Last week, the Internal Revenue Service advised parents and families not to overlook available tax credits that could significantly lower their tax burdens – or even boost their refunds.