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Tax refunds are perfectly rational, despite what economists might tell you
Illustration: Sarah Grillo/Axios Is finding a tax refund irrational? Some economists would have you feel so. Why it issues: Tuesday is tax working day people who pushed submitting to the deadline are just studying if they overpaid their taxes this yr and are due a refund — or if they owe a lot more funds. How it will work: Put pretty merely, staff have taxes withheld by their employer from their paychecks all yr prolonged, though freelancers fork out estimated quarterly taxes. Those who now gave the govt as well considerably will get a refund. Way too little, they’ll owe. The major photo: Some economists and own finance styles argue that…
