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    Home»Stock Market»US Stock Market Today | Dow Jones | Nasdaq Live: S&P 500 reaches fresh high on Iran de-escalation hopes
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    US Stock Market Today | Dow Jones | Nasdaq Live: S&P 500 reaches fresh high on Iran de-escalation hopes

    April 15, 20261 Min Read


    The Trump administration said the 2026 tax season saw strong uptake of new tax breaks, with over 53 million Americans benefiting from provisions such as exemptions on tips and overtime, enhanced deductions for seniors, and other incentives. Officials described the filing season as successful, with refunds rising to an average of $3,462, up 11% from last year, and overall refunds higher compared to pre-Trump levels.

    However, public sentiment remains mixed, with most Americans still feeling taxes are too high. While Republicans highlighted larger refunds and tax relief, Democrats pointed to persistent inflation, high living costs and policy priorities such as the Iran conflict. The tax season also unfolded amid changes at the IRS, including workforce cuts and scrutiny over data-sharing practices, adding to broader political tensions.



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