India, July 3 -- 97 percent of Americans who filed their income tax returns this past filing season have received a tax cut, benefiting from the Working Families Tax Cuts, according to the U.S. Department of the Treasury.

President Trump and Republicans in Washington prevented a $5 trillion tax hike with this landmark legislation, and the American people had a record Tax Day because of it, it said in a press release referring to the Working Families Tax Cuts that President Donald Trump signed into law last year.

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