Yakym: “This Tax Day is Different”

<p><strong>WASHINGTON, D.C.</strong>&nbsp; –&nbsp; Today is Tax Day, and this year Hoosiers are keeping more of their hard-earned money thanks to the Working Families Tax Cuts.</p>

<p>&#8220;No Hoosier has ever told me that Washington should spend more and tax more,&#8221; <strong>Rep. Yakym said. &#8220;</strong>This Tax Day is different. Hoosiers are seeing some of the biggest refunds ever, and the Working Families Tax Cuts made that happen. Lower rates, doubled standard deduction, no tax on tips, no tax on overtime, and enhanced deduction on Social Security. That&#8217;s real money back in hardworking Hoosiers’ pockets, and it&#8217;s permanent.&#8221;</p>

<p><strong>The results speak for themselves. According to the <a href="https://home.treasury.gov/news/press-releases/sb0441">U.S. Department of the Treasury</a>, as of April 14, 2026:</strong></p>

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<li>In households across America, <strong>over 53 million filers</strong> <strong>claimed at least one of President Trump&#8217;s signature new tax cuts</strong>.</li>
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<li>The <strong>average refund</strong> this filing season is over <strong>$3,400</strong>, an <strong>increase of 11 percent</strong> compared to last filing season.</li>
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<li>The <strong>average tax cut for filers benefitting from</strong> one of <strong>President Trump’s signature tax cuts is over $800</strong>.</li>
</ul>

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<li><strong>Over 6 million filers</strong> have claimed <strong>No Tax on Tips</strong>, with an <strong>average deduction of over $7,100</strong>.</li>
</ul>

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<li><strong>Over 25 million filers</strong> have claimed <strong>No Tax on Overtime</strong>, with an <strong>average deduction of over $3,100</strong>.</li>
</ul>

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<li><strong>Over 30 million seniors</strong> have claimed the <strong>Enhanced Deduction for Seniors</strong>, with an <strong>average deduction of over $7,500</strong>.</li>
</ul>

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<li><strong>Over 1 million filers</strong> have deducted <strong>No Tax on Car Loan Interest </strong>on their new American vehicles, with an <strong>average deduction of over $1,800</strong>.</li>
</ul>

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<li><strong>5 million Trump Accounts have been opened</strong>, with <strong>1.2 million eligible</strong> for the <strong>$1,000 pilot program contribution</strong>.</li>
</ul>

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<li><strong>Over 34 million families</strong> have claimed the <strong>enhanced Child Tax Credit</strong>, which is permanently doubled and expanded by the Working Families Tax Cuts.</li>
</ul>

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<li><strong>Over 105 million filers</strong> have claimed the <strong>permanently doubled standard deduction</strong>, simplifying tax filing for millions across America.</li>
</ul>

<p>Rep. Yakym also authored an op-ed focused on Tax Day that was published in the <a href="https://www.timesuniononline.com/stories/tax-day-is-around-the-corner,279723?">Warsaw Times-Union</a> and <a href="https://www.lpheralddispatch.com/opinion/guest_editorials/tax-day-is-around-the-corner/article_b871dc4e-a322-5af9-9610-1e8396a394ef.html">La Porte County Herald-Dispatch</a>. &nbsp;</p>

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<p>The post <a href="https://yakym.house.gov/posts/yakym-this-tax-day-is-different">Yakym: “This Tax Day is Different”</a> appeared first on <a href="https://yakym.house.gov">Rudy Yakym</a>.</p>