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Wednesday, April 15, 2015

5 things to know about Tax Day: For most, it’s not that bad

WASHINGTON (AP) — Wednesday is the deadline for filing income tax returns, a day long associated with the dread of rushing to fill out complicated forms and, perhaps, making a payment to Uncle Sam.

But for most, it’s not that bad. Aside from the complicated forms, tax season generates $300 billion in tax refunds each year, a significant boost to the U.S. economy.

Five things to know about Tax Day:


1 comment:

Jim King said...

Those $300 billion in tax refunds were withheld from the citizens to whom it was refunded and used by the federal government without paying one penny of interest.