Trump Touts 17% Jump in Tax Refunds Tied to His Signature Law
Trump points to a GAO report finding the IRS issued $296 billion in refunds during the 2026 filing season, a 17% increase driven by his tax law.
WASHINGTON D.C. — Donald Trump celebrated a Government Accountability Office finding that federal tax refunds jumped 17% during the 2026 filing season, crediting his signature tax law for the increase.
Here is the full post on truthsocial: “Trump Bump: Tax refunds jumped 17% after president’s signature law, GAO reports: https://justthenews.com/government/federal-agencies/total-tax-refunds-issued-2025-jumped-17-compared-2024-paper-check” on August 23, 2026 at 10:53 PM ET.
This is Trump’s 13th message released today, and the last post was 1 minute ago, and it is not part of a thread. On average, Trump produces 18 posts per day since his inauguration on January 20, 2025. The move fits a broader pattern in Trump’s recent messaging, with 18 of his 584 posts over the last 30 days classified as Economy posts.
The Internal Revenue Service issued $296 billion in refunds during the 2026 filing season, a 17% increase from the previous year, as millions of Americans benefited from Trump’s signature tax law, according to justthenews. Trump shared that report by mentioning the source (see justthenews). The increase represented $43 billion more in refunds than the IRS had issued during the 2025 filing season for tax year 2024, according to justthenews.
President Donald J. Trump touts a 17% jump in tax refunds at Washington D.C.
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The average refund rose by $333, or 11%, compared with the previous year, according to justthenews. The GAO attributed the larger refunds, in part, to millions of taxpayers claiming new deductions created by Trump’s One Big Beautiful Bill Act, including provisions allowing deductions for qualified tips and overtime, according to justthenews. The IRS sent out more than 8 million additional refunds compared with 2025, according to justthenews.
Taxpayers who filed paper returns or relied on paper refund checks faced significant delays, according to justthenews. “Most paper check refunds were delayed by weeks,” the GAO reported, as the IRS had moved toward issuing refunds primarily through direct deposit, according to justthenews. Those who received paper checks waited an average of 36 days, compared with 13 days the previous year, according to justthenews.
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