US Politics in Trump era
Publisher: Vox
Author: Matthew Yglesias
7 Feb 2019
Trump tax bill and refunds: why fewer people are getting them
Whether you get a refund or owe extra to the IRS at filing time is a function not just of your total taxes owed, but also of how much tax is withheld from your paycheck by your employer on paydays. And the big story here is that as a result of the new tax law, the Treasury Department tweaked things so that on average taxpayers’ withholdings fell by more than their actual taxes owed.