Nebraskans are saving big this tax season thanks to President Trump and Senator Pete Ricketts’ Working Families Tax Cuts. Refunds are up 11% this year and millions of Americans are taking advantage of the historic tax cuts like eliminating taxes on tips, overtime, and Social Security.
“Families have more money in their pockets this tax season thanks to President Trump and Senator Pete Ricketts passing the Working Families Tax Cuts,” said NRSC Regional Press Secretary Nick Puglia. “While Democrat-backed Dan Osborn wants to tax Nebraskans’ tips, overtime, and Social Security, Pete Ricketts is slashing taxes and making life more affordable for families.”
The Working Families Tax Cuts deliver for hardworking Americans.
- The average IRS tax refund is $3,400, up 11% compared to last year.
- Over 25 million taxpayers have claimed the No Tax on Overtime deduction.
- Over 6 million taxpayers have benefited from No Tax on Tips.
- Over 30 million seniors have claimed the Enhanced Deduction for Seniors, with an average deduction of over $7,500.
- Over 53 million filers claimed at least one of President Trump’s signature new tax cuts.
- 12 million small business owners are seeing an average tax reduction of nearly $7,000.
- 5 million Trump Accounts have been opened, with 1.2 million eligible for the $1,000 pilot program contribution.
The NRSC recently released a new digital ad highlighting how this monumental legislation is ensuring families and workers are keeping more of what they earn.