Polling shows those getting smaller refunds are less likely to view the tax overhaul favorably, even if their take-home pay grew.
When President Trump signed a large package of tax cuts into law in 2017, the Internal Revenue Service moved to make sure the savings showed up quickly in paychecks. Doing so probably lifted consumer spending last year, but it may have hurt Republicans politically, new polling suggests.
Administration officials, it appears, underestimated Americans’ love of tax refunds.
Nearly four in five people say they would rather overpay their federal income taxes and get a refund every spring — effectively making an interest-free loan to the government — than underpay and owe money come tax season, according to a poll for The New York Times by the online research firm SurveyMonkey.