Americans Could See up to $2,000 Tax Refunds Next Year, Says Treasury Secretary

The Internal Revenue Service (IRS) in Washington on March 10, 2025. Madalina Vasiliu/The Epoch TimesTreasury Secretary Scott Bessent said that working Americans are set to get “very large refunds” next year as tax cuts that were enabled in the Republican-backed One Big Beautiful Bill Act are set to go into effect.“I think we’re going to see $100 [billion]–$150 billion of refunds, which could be between $1,000, $2,000 per household,” Bessent told an NBC affiliate station reporter while in Pennsylvania on Wednesday.