Americans are spending their higher tax refunds on the basics versus luxury items: survey
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Source: New York Post
Published: 2026-05-13 03:06 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Science, Lifestyle, Tax & Budget
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Snippet:
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.
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