{"id":65062,"date":"2026-08-17T10:08:59","date_gmt":"2026-08-17T14:08:59","guid":{"rendered":"https:\/\/www.rightwinggranny.com\/?p=65062"},"modified":"2026-08-17T10:08:59","modified_gmt":"2026-08-17T14:08:59","slug":"one-result-of-the-big-beautiful-bill","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=65062","title":{"rendered":"One Result Of The Big Beautiful Bill"},"content":{"rendered":"<p>On Saturday, <a href=\"https:\/\/justthenews.com\/government\/federal-agencies\/total-tax-refunds-issued-2025-jumped-17-compared-2024-paper-check\" target=\"_blank\" rel=\"noopener\">Just the News<\/a> posted an article about the impact of the One Big Beautiful Bill on Americans&#8217; tax refunds.<\/p>\n<p>The article reports:<\/p>\n<p style=\"padding-left: 40px;\"><strong>The Internal Revenue Service issued $296 billion in refunds during the 2026 filing season, a 17% increase from the previous year, as millions of Americans benefited from President Donald Trump&#8217;s signature tax law, according to a new Government Accountability Office report.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>The increase represented $43 billion more in refunds than the IRS had issued during the 2025 filing season for tax year 2024. The average refund also increased by $333, or 11%, compared with the previous year, according to <a href=\"https:\/\/www.gao.gov\/assets\/gao-26-109074.pdf\">the full report.<\/a><\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>The GAO attributed the larger refunds, in part, to millions of taxpayers claiming new deductions created by recent tax law changes in Trump&#8217;s One Big Beautiful Bill Act (OBBB), including provisions allowing deductions for qualified tips and overtime.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>The IRS also issued more refunds overall, sending out more than 8 million additional refunds compared with 2025.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>The increase in refunds came as the agency faced delays affecting taxpayers who received their money by paper check.<\/strong><\/p>\n<p>The article notes the advantage of filing electronically and receiving your return electronically:<\/p>\n<p style=\"padding-left: 40px;\"><strong>Still, taxpayers who had filed paper returns or relied on paper refund checks had faced significant delays.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>&#8220;Most paper check refunds were delayed by weeks,&#8221; the GAO reported, as the IRS had moved toward issuing refunds primarily through direct deposit.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>The IRS sent approximately 4.2 million notices to taxpayers by early May asking them to provide bank account information to allow for electronic delivery of their refunds.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>Taxpayers who had not responded were told they would receive a paper check after six weeks.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>As a result, the number of paper-check refunds issued by early April had plunged more than 80%, from about 2.8 million in 2025 to roughly 493,000 in 2026. Those who had received paper checks waited an average of 36 days, compared with 13 days the previous year.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>The GAO found that the IRS had therefore taken about three times longer to issue paper-check refunds than it had in 2025.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>Taxpayers using direct deposit generally avoided the worst of the delays.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>According to the report, nine out of 10 refunds issued through direct deposit had arrived within 21 days.<\/strong><\/p>\n<p>According to Artificial Intelligence, this is who pays taxes in America:<\/p>\n<p style=\"padding-left: 40px;\"><strong>In the U.S., the top 1% of earners, who make over $663,164, paid approximately 40.4% of federal income taxes in 2022, while the top 50% of earners contributed about 97% of total federal income taxes.<\/strong><\/p>\n<h4 style=\"padding-left: 40px;\"><strong><span style=\"text-decoration: underline;\">Federal Tax Contributions by Income Group<\/span><\/strong><\/h4>\n<p style=\"padding-left: 40px;\"><strong>Understanding the distribution of federal tax payments reveals significant disparities.<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong><span style=\"text-decoration: underline;\">Top 1%<\/span> \u2014 They earned 22.2% of total Adjusted Gross Income (AGI) and paid 42.3% of federal income taxes.<\/strong><\/li>\n<li><strong><span style=\"text-decoration: underline;\">Top 50%<\/span> \u2014 This group accounted for 97% of all federal individual income taxes.<\/strong><\/li>\n<li><strong><span style=\"text-decoration: underline;\">Bottom 50%<\/span> \u2014 They contributed only 3% of federal income taxes.<\/strong><\/li>\n<li><strong><span style=\"text-decoration: underline;\">Top 5%<\/span> \u2014 In 2023, they paid over $1.27 trillion in income taxes, about 60% of the total.<\/strong><\/li>\n<li><strong><span style=\"text-decoration: underline;\">Progressive Tax System<\/span> \u2014 High-income earners pay higher average tax rates, emphasizing the system&#8217;s progressive nature.<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>Whenever someone tells you that the rich don&#8217;t pay their fair share, show them these numbers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Saturday, Just the News posted an article about the impact of the One Big Beautiful Bill on Americans&#8217; tax refunds. The article reports: The Internal Revenue Service issued $296 billion in refunds during the 2026 filing season, a 17% &hellip; <a href=\"https:\/\/www.rightwinggranny.com\/?p=65062\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[18486,12498,10976,16425],"class_list":["post-65062","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-one-big-beautiful-bill-act-obbb","tag-just-the-news","tag-tax-refunds","tag-the-internal-revenue-service-irs"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/65062","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=65062"}],"version-history":[{"count":1,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/65062\/revisions"}],"predecessor-version":[{"id":65063,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/65062\/revisions\/65063"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=65062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=65062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=65062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}