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Author Topic: U.S. Tax Refunds Plunge 17% as Treasury Ratchets Up Defense  (Read 323 times)

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Offline mystery-ak

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U.S. Tax Refunds Plunge 17% as Treasury Ratchets Up Defense
« on: February 23, 2019, 04:44:45 pm »
U.S. Tax Refunds Plunge 17% as Treasury Ratchets Up Defense Saleha Mohsin February 22 2019, 11:28 PM February 23 2019, 9:47 AM

(Bloomberg) -- Average tax refunds are down 17 percent so far in the first filing season under President Donald Trump’s tax overhaul, according to the IRS, prompting the Treasury Department to caution that the data contain aberrations and could be misleading.

 Direct-deposit refunds dropped for the third week in a row this filing season to $2,703, from $3,256 a year earlier, for the seven days through Feb. 15, the IRS reported late Friday. The total number of refunds was down 26.5 percent to 23.5 million, it said.

Read more at: https://www.bloombergquint.com/politics/u-s-tax-refunds-plunge-17-as-treasury-ratchets-up-defense#gs.iDEYOoYD

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Offline catfish1957

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Re: U.S. Tax Refunds Plunge 17% as Treasury Ratchets Up Defense
« Reply #1 on: February 23, 2019, 04:51:19 pm »
Refunds?

Anyone with any semblence of a financial IQ understands that it is alway advantageous to underpay you total tax bill by as close to 10% as you can without going over.
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