WASHINGTON – Treasury officials released data showing that in its first filing season, the Working Families Tax Cuts provided more than $82 billion in individual relief to American families and workers. According to the agency, 97 % of filers who would otherwise have owed taxes received a tax cut, with most relief concentrated among those earning under $200 000. Filers earning $100 000‑$200 000 received an average cut of over $1 250, while those earning $50 000‑$100 000 received an average cut of over $815. The release lists specific benefits such as No Tax on Tips, No Tax on Overtime, enhanced senior deductions, and the doubled standard deduction, all aimed at low‑and middle‑income households.
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