Trump's tax cuts delivers record refund on Tax Day: White House

WASHINGTON: President Donald Trump’s working families tax cuts have delivered record refunds and broad relief to millions of Americans, the White House stated, citing strong uptake across key provisions such as no tax on overtime and tips.

Marking Tax Day on Wednesday (local time), White House Press Secretary Karoline Leavitt said the administration’s tax measures had put “a historic amount of money back into the pockets of the American people.”

Leavitt said more than 53 million filers had claimed at least one of the new tax benefits, with the average refund exceeding $3,400.

Treasury Secretary Scott Bessent described the filing season as “a fantastic tax season” that had “gone smoothly” while delivering “record refunds to the American people.”

According to Bessent, nearly 45 per cent of filers used at least one of four flagship provisions: no tax on tips, no tax on overtime, enhanced deductions for seniors, and tax relief on auto loan interest for American-made cars.