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Financial Freedom Countdown

Financial Freedom Countdown

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Personal finance and investing strategies to accelerate FI.

Recent Posts

IRS Says Average Tax Refunds Rise to $2,290; Higher than Last Year Due to Trump’s Tax Law
News•Feb 18, 2026

IRS Says Average Tax Refunds Rise to $2,290; Higher than Last Year Due to Trump’s Tax Law

Early IRS data shows the average 2026 tax refund has risen to $2,290, an 11 % increase over the previous year. The surge is linked to President Trump’s One Big Beautiful Bill, which introduced retroactive tax cuts and seven new deductions while withholding tables remained unchanged. Treasury Secretary Scott Bessent estimates the growth could be as high as 22 % once all returns are processed. The larger refunds reflect over‑withholding rather than higher take‑home pay, prompting calls for taxpayers to adjust their W‑4.

By Financial Freedom Countdown
New York City Mayor Mamdani Eyes 9.5% Property Tax Hike that Could Affect Middle-Class Residents
News•Feb 18, 2026

New York City Mayor Mamdani Eyes 9.5% Property Tax Hike that Could Affect Middle-Class Residents

New York City Mayor Zohran Mamdani unveiled a $127 billion preliminary budget that includes a 9.5% property‑tax increase to address a projected $5.4 billion shortfall. The hike would affect over 3 million residential units and more than 100 000 commercial buildings and can be...

By Financial Freedom Countdown
Trump Administration CFPB Pullback Cost Americans $19 Billion, Report Says
News•Feb 16, 2026

Trump Administration CFPB Pullback Cost Americans $19 Billion, Report Says

A Senate‑staff report estimates that the Trump administration’s scaling back of the Consumer Financial Protection Bureau cost U.S. consumers roughly $19 billion in lost relief. The agency’s enforcement slowdown, abandoned overdraft‑fee caps and a blocked credit‑card‑late‑fee rule account for the bulk...

By Financial Freedom Countdown