Former President Donald Trump has proposed a plan offering at least $1,000 in tax refunds to eligible Americans, with higher payouts possible based on income and credits.
The proposal targets households earning under $100K (single) or $200K (married), with payments expected in mid-2026. Additional measures include no tax on tips, overtime, or Social Security, plus a larger standard deduction and expanded child tax credit.
Supporters see immediate relief for middle-income families; critics warn of long-term budget strain.
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