Will New Tax Provisions Deliver Promised Big, Beautiful Refunds?
We look at the impact of the One Big Beautiful Bill's changes in the tax code and who stands to benefit the most.
April 15, 2026
54 min
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3,294 of 3,393
April 15, 2026
Will New Tax Provisions Deliver Promised Big, Beautiful Refunds?
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Will New Tax Provisions Deliver Promised Big, Beautiful Refunds?
Summary
President Trump promised that new tax provisions in his One Big Beautiful Bill would deliver a windfall to millions of Americans. No more taxes on overtime. No taxes on tips. No taxes on Social Security payments. While many taxpayers are seeing larger tax refunds this year, the fine print behind Trump’s promises means these tax breaks have been smaller than many expected. We look at the impact of changes in the tax code and who stands to benefit the most. And if you haven’t submitted your returns yet, we want to hear from you: What questions do you still have before the midnight filing deadline.
Guests:
Shannon Pettypiece, senior policy reporter, NBC News Digital
Karen Brosi, tax preparer and certified financial planner
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