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Trump Bets Tax Refunds Will Help GOP in Midterms

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“President Donald Trump is betting that larger tax refunds this spring will help sate Americans’ cravings for economic relief and boost GOP fortunes in November. The political payoff may be fleeting,” Politico reports.

“The White House believes the average refund could increase by $1,000 thanks to tax cuts in the GOP’s signature legislation, passed last summer. But as tax season kicks off, economists and Republican strategists — and even some of the president’s own allies — warn that the boost American households receive from the refunds may wear off by November.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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