FOR IMMEDIATE RELEASE:
April 15th, 2019
North Dakotans Feeling the Impact of Smaller Tax Returns
With the tax deadline looming at midnight, most people have seen smaller than average returns. The average refund among early filers was down 8.4 percent, according to the Internal Revenue Service. The Swiss bank, UBS says its initial estimate of tax refunds received this season was overly optimistic by $25 billion.
“Lower refunds are hurting small businesses, retail, and the families of North Dakota,” said Alison Jones, Communications Director for the North Dakota Democratic-NPL. “Hopefully, North Dakotans meager returns have enough left to send Cramer a postcard (that you COULDN’T do your taxes on) to tell him how you feel about his support of the Administration’s tax reform.”