By Jack Phillips The White House’s National Economic Council director predicted the largest-ever tax “refund cycle” in 2026 as several measures included in a congressional spending bill that passed earlier this year are set to go into effect. “We are going to see the biggest refund cycle ever in the history of America, and people […]
Tag: Tax
A tax is a compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures. A failure to pay, along with evasion of or resistance to taxation, is punishable by law.

