Americans are spending their higher tax refunds on the basics versus luxury items: survey

Americans are spending their higher tax refunds on the basics versus luxury items: survey

According to a new study, tax refunds are continuing to increase year-on-year — but half said they’ve had to spend it all on necessities just to get by. The poll of 2,000 U.S. taxpayers who have received their tax refund this year found the average person got $2,825 back, a healthy increase from $2,300 from … Read more