How Trump's tax law boosts the wealthy and leaves behind some workers he promised to help
By Shannon Pettypiece
Published on April 9, 2026.
The president's tax law, passed last year, has resulted in a significant increase in tax returns for many Americans, with the average refund this tax season being $3,521, about $350 more than the previous year. However, some middle-income households are finding the benefits smaller than they anticipated due to how certain tax cuts are structured. The highest-income individuals are expected to benefit significantly from the tax changes, with about 60% of the tax savings projected to go to households earning more than $217,000. The wealthiest households could see millions in savings with bigger tax benefits on everything from private jets to multimillion-dollar inheritances. The tax system has been a key feature of the growing divide between rich and poor in America, contributing to a growing inequality.
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