The average tax refund through the first three weeks of filing season is down 16.7% from the same period last year, according to IRS data cited by The Hill.
Yes, but: The IRS sent out a press release Friday evening to clarify this new data, saying that "comparing weekly data is misleading" and "isn't useful in drawing broad conclusions on refunds overall." 80% of Americans should have a lower tax bill this year as a result of the GOP tax cut, according to the Tax Policy Center.