Speaker outlines claimed tax changes: permanent doubled standard deduction, larger refunds, repeal of $600 reporting rule
An unidentified speaker said recent federal changes make the doubled standard deduction permanent (leaving families tax-free on the first $31,500), will simplify filing for 91% of taxpayers, increase average refunds by about $1,000, and repeal a $600 reporting rule for third‑party payments.
New federal tax changes promise to simplify filing for 91% of Americans, with families now tax-free on the first $31,500 they earn and average refunds projected to rise by $1,000!
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