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Thursday, October 2, 2014

tax refunds

Federal tax burden numbers disturbing

Did you realize that nearly half of American households will owe nothing to the federal government in income tax for 2010, and some of them will actually get back more money than they paid in because of tax credits? Editor Don Whitten takes a look at how that happens and wonders if a solution might eliminate some of the factions developing in the country. (April 13, 2011, Page 4)

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    What’s the best way to use a refund check?

    The average refund check from the IRS is $2,500. The average person doesn’t get that, however, and Editor Don Whitten wonders what one is supposed to do when a year comes along where your refund is more than normal. He looks into all kinds of suggestions, from investing to pay off debt to splurging. (March 29, 2010, Page 4A)

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