WASHINGTON ― Several million households may be getting a surprise tax bill this filing season because of the new GOP tax law, but Republicans insist nobody should be mad. The vast majority of U.S. households got their taxes reduced last year because of the Tax Cuts and Jobs Act. “Passing a tax law the last week of December and expecting the tax system to adjust in a week is just unreasonable,” said Howard Gleckman, a senior fellow at the independent Tax Policy Center. Many Americans are accustomed to getting a tax refund in the first part of the year, and the way they plan to spend the money suggests they truly count on it, Gleckman said. A survey last year found that 44 percent of Americans polled said they would pay down debt if they got a refund from the new tax law.

Source: Huffington Post February 28, 2019 22:30 UTC