Richard Rubin

speaker

154 appearances 10 recordings 3 series first heard Apr 2025 last heard 14 Apr

Richard Rubin’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

Recordings per month over the last 12 months — 4 in all, peaking in Jan 2026 with 2.

Appearances

newest first · ▶ plays the moment

WSJ What’s News · Medicare Payments Shock Sends Health Insurance Stocks Diving · 27 Jan 2026 podcast

One is like getting the IRS to function well and make sure that they're getting the money out.

Two is there's so much happening in the world, so much happening in the country.

The real political challenge here is to keep it in the forefront for people.

So the average tax refund last year was a little more than $3,100, and this year it's expected to be another $1,000 more.

For the people who get much bigger refunds, they're going to be easier to see.

The things like the standard deduction and child credit are smaller and broader, so more people will get them.

But can you associate that extra $200, $300, $400 in your refund with your local Republican House member?

So for the basic chunk of refunds, it should be the same, like electronic filing, direct deposit, no issues on your return.

It's all automated.

The issue with the IRS and staffing comes down to when you have a question, when there's a problem on your return, those things require people on the other end, and that's where they may run into trouble.

Sure.

Thanks for having me.

WSJ What’s News · White House May Reduce Federal Immigration Agents in Minnesota · 26 Jan 2026 podcast

So in dollar terms, some of the biggest ones are going to be the state and local deduction cap.

People living in high tax states, New York, New Jersey, California, who either couldn't itemize their deductions before, didn't make sense to, or they were itemizing but had that cap of $10,000 but can now deduct up to $40,000.

That $30,000 additional deduction, if you just add that to what your normal refund might be,

is going to be about a 24% tax rate, seven grand or something.

Right?

So this is potentially significant additional dollars.

WSJ What’s News · The ‘New Silk Road’ of Cheap Chinese Goods · 18 Dec 2025 podcast

This time they're saying, no, no, no, like, let's just look at the actual profit experience.

And so that's called a periodic adjustment.

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