Bigger tax refunds — up to $2,000 on average — could give stocks a boost next year



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The rally in stocks could be due for another big boost next year as people start receiving tax refunds from President Donald Trump’s signature

tax and spending package signed into law this summer.

While touting Trump’s tax cuts on Monday, White House National Economic Council Director Kevin Hassett said the typical person facing no tax on tips or overtime likely will see an extra $1,600 to $2,000 next year.


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