President Donald Trump is promising the biggest tax refunds ever for Americans in 2026. A White House X post this week showed him in a Santa hat, dashing with a giant $1,000 check for the "American People." The check's date? March 10, 2026. This ties to the One Big Beautiful Bill Act (OBBBA), passed over summer. It locks in 2017's lower tax rates forever. It hikes standard deductions. It swells the child tax credit. No tax on tips, overtime, or Social Security benefits either.
