Refund or write a check

Posted on January 2nd, 2008 – 10:51 AM
By Kara McGuire

I posted this at the tail end of my previous post on taxes. But I think it’s worthy of its own discussion.

Where do you stand on the tax refund: Is receiving one stupid or splendid? I’m sure you’ve heard folks on their soapboxes waxing on about how people who get refunds are idiots because they’ve essentially loaned their hard earned money to the government interest free for a year. Then there are those who argue that without that method of forced savings they’d have less in the bank, or too little to pay debts.

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