IRS Says Average Tax Refund This Year is $3,000

Average tax refund this year is $3,000
Average tax refund this year is $3,000

Most economists agree that the way to get the economy moving is to get money into the hands of those most likely to spend it. That's why recent stimulus packages have included adjustments and tax credits meant to lower tax bills and, in some instances, boost tax refunds. It's apparently working: The Internal Revenue Service has announced that it expects to issue between $250 billion and $300 billion in tax refunds this year.

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