Tax break to provide tailwind to US economy in 2026, Bessent says
U.S. Treasury Secretary Scott Bessent on Thursday said an early start to the 2026 tax filing season would provide a tailwind to the U.S. economy by allowing benefits from Republican-passed tax breaks to flow quickly to Americans.
Bessent, in a speech to the Economic Club of Minnesota, said the Internal Revenue Service would begin accepting tax returns on January 26, one of the earliest starts in a decade.
Bessent called on the Federal Reserve to have an "open mind" in setting monetary policy and "do its part" to help spur investment.
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