Low tax refunds are a good thing, explained

Published April 15, 2019 1:47pm ET



The media and the Democrats worked overtime to convince roughly four out of five Americans that the 2017 Tax Cuts and Jobs Act would actually raise their taxes. That campaign is now bearing fruit on Tax Day 2019, just one in three Americans approve overall of the bill that not only slashed taxes for the middle class but also rendered our corporate tax rate competitive on a global scale.

But of all the bad economics and left-wing mythologizing spurred by the Tax Cuts and Jobs Act, no lie is so profoundly dumb and pervasive as the notion that diminished tax refunds harm the public.

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