For many Americans, income tax flexing is a the most important time of the year, and the people who tend to file early in the season are taxpayers who count on large refunds to pay for rims, buy new fits or just flex money social media” Reyes wrote.
This all comes during a year when many American taxpayers should be expecting bigger refunds than normal under the new GOP tax law that went into effect in 2018. An analysis by UBS estimated an increase in overall tax refunds of between $42 billion and $66 billion this year.
We spoke to Erica about the situation and she screamed and yelled “FUCK TRUMP!” she was planning on using her refund to buy a baby giraffe.
The bank found that most married filers with two children would see the biggest boost in their refunds for 2018, compared with 2017, particularly those making between $125,000 and $400,000 and those making under $40,000 a year.