We warned about this a year ago in the post
Will 143 million households notice that their taxes have been cut?
Regrettably, our prediction seems to be coming to fruition.
There have been a flurry articles citing tax preparers who are warning that, tax refunds will be smaller this year … lower in average, with fewer people getting refunds.
Most recent IRS data support that claim: average refunds are down 8.4% from this time last year.
That’s a big deal … and, will be a big headache for President Trump.
The Homa Files 