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Why Your Tax Refund Check May Be Lower Than You Expect07:45
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The Internal Revenue Service building in Washington is shown, March 22, 2013. (Susan Walsh/AP)
The Internal Revenue Service building in Washington is shown, March 22, 2013. (Susan Walsh/AP)

According to the IRS, about a quarter of people who usually receive a tax refund will not be getting any money back this year. Additionally, the average refund has gone down by about eight percent compared to data from this time last year. These decreases are due to the Republican tax cuts that passed in December 2017. We'll break down why a tax cut has actually led to people receiving smaller refunds, and the possible implications it may have.

Guest

Evan Horowitz, director of research and communications for FCLT Global. He tweets @fclthorowitz.

This segment aired on February 13, 2019.

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