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How the SALT deduction may add $1,000 to Americans tax refunds in 2026

Americans will secure historic $1,000 refund boosts this spring. A new $40,000 SALT deduction cap fuels this massive windfall. Nine states are also slashing income tax rates starting today. Experts predict record-breaking payouts for middle-class households nationwide. New tariff policies might even eliminate federal income tax forever.

3 Jan 2026 4:42 am