U.S. Tax Refunds Plunge 17% as Treasury Ratchets Up Defense
U.S. one-hundred dollar bills are arranged for a photograph in Hong Kong, China. (Photographer: Xaume Olleros/Bloomberg)

U.S. Tax Refunds Plunge 17% as Treasury Ratchets Up Defense

(Bloomberg) -- Average tax refunds are down 17 percent so far in the first filing season under President Donald Trump’s tax overhaul, according to the IRS, prompting the Treasury Department to caut...
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