Refund Roulette


by Mike on Apr 13, 2015 | Views: 141 | Score: 4
PercentageDollars x $100
Income Below $25K8420.86
$25-50K8426.18
$50-75K7628.38
$75-100K7334.08
$100-200K6243.5
$200K & up34126.11
Percentage of Refund by Income
Income Level
Percent Receiving Refund
Sources: money.cnn.com
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Mike
Mike on Apr 13, 2015 9:55 PM said:

Overall, roughly eight taxpayers in ten can expect a tax refund, but does the "Matthew Principle" still apply? H&R Block waded through the IRS' data for 2012 and found that modest earners get more refunds, as a percentage of taxpayers, but the highest earners still received the highest refunds after "lending" Uncle Sam their money (interest free)!

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