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Cobb Couriercites GeorgiarecorderApr 16, 2026Local News

Tax Day 2026: Democrats and Republicans battle over impact of new Trump tax cuts

Treasury Secretary Scott Bessent defended the tax cuts, stating they prove hardworking Americans are being rewarded rather than punished.

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Tax Day 2026: Democrats and Republicans battle over impact of new Trump tax cuts
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tl;dr

The 2026 tax season concluded with the Trump administration touting $800 average savings from the 'Working Families Tax Cuts' law, while Democrats and non-partisan agencies warned of $3.4 trillion in debt and millions losing federal benefits to pay for the cuts.

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