Tax Refund Needed By Many To Pay Bills
April 9, 2008
The way in which the United States economy is today, many people are happy to receive a tax refund from the government. However, in recent
years a trend has been growing. Previously, members of the public might have put their tax refund into a savings account or save it for a rainy day.
However, many people are now using this refund to pay bills.
The amount of people that depend on their tax refund to pay bills has rose steadily over the last few years, until it has been reported that at least
thirty-five percent of people will use their refund to settle an outstanding debt.
Analysts say that this percentage is an increase from at least twenty-seven percent from last year.