The White House has revealed that millions of Americans may see a significant boost in their tax refunds next year, an estimated “extra $1,000 bump.”
White House Press Secretary Karoline Leavitt revealed that the bump is thanks to President Donald Trump’s economic and tax policies.
Leavitt cited new research from investment bank Piper Sandler during a Thursday briefing, telling reporters the 2026 tax-filing season could deliver “a record-breaking tax refund season.”
“According to a new study from Piper Sandler, which is out this week, tax filers can expect an extra $1,000 bump to their tax refund next year,” Leavitt said.
“We know these refunds will make a huge difference for Americans to help pay down their bills and use towards life’s expenses.”
Leavitt added that the projection is a direct result of President Trump’s focus on boosting take-home pay and lowering the tax burden on working families.
“President Trump’s entire economic agenda is aimed at putting more money back into the pockets of hard-working Americans,” she said.
“That’s why he signed the largest middle-class tax cuts in history into law — from no tax on overtime, no tax on tips, to no tax on Social Security.”
Families to Receive $191 Billion in New Tax Relief
According to the administration, next year’s larger refunds stem from Trump’s working-family tax cuts, which will provide $191 billion in net new tax relief.
The White House says taxpayers are expected to receive:
• $91 billion in increased tax refunds, and
• $30 billion in higher paychecks through reduced withholding.
Rep. Jason Smith (R-MO), chairman of the House Ways and Means Committee, said the expansion of the child tax credit, now $2,200 and indexed to inflation, will deliver real relief to families who have struggled under the soaring prices America saw during the Biden years.
“Tax refunds are a big deal for a lot of American families,” Smith said.
“It covers home repairs, health care, or summer vacations — all of which became completely unaffordable under Joe Biden.
“Thanks to the working families tax cuts, more Americans will have greater financial security and ability to provide for their future.”
IRS Ends Paper Checks After Trump Order
In late September, the IRS officially began phasing out paper refund checks following Trump’s March 25 executive order directing the Treasury Department to eliminate paper disbursements for federal payments.
Exceptions remain for Americans without access to banking or electronic payment systems, but the IRS is advising taxpayers to open bank accounts or use prepaid debit cards or digital wallets to comply with the new system.
The White House says the shift to electronic refunds will speed up payments, reduce fraud, and save taxpayers money.
With a major tax-cut package in place and inflation easing, the Trump administration is projecting renewed financial breathing room for working-class families, a sharp contrast from the economic pain many experienced under former President Joe Biden.
If Piper Sandler’s estimates are correct, millions of Americans could see one of the largest refund increases in modern history next spring.
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