Skip to: Content
Skip to: Site Navigation
Skip to: Search
WEDNESDAY, NOVEMBER 25, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter


2

Poll: Few Plan Splurges With Tax Refunds

More people than ever are just paying off bills

Share

(Newser) – Taxpayers’ refund checks are starting to arrive, but this year the economy might not see much of a boost from that money, an AP poll finds. More people are planning to spend their refunds in some way, but 54% say they’ll pay off existing bills rather than go on spending sprees—up from 35% last year.

Graphic shows poll results on how people will use their tax refunds.
Graphic shows poll results on how people will use their tax refunds.
In this 2008 file photo, Julie Schaul, dressed like the Statue of Liberty, holds up an income tax sign in front Liberty Income Tax preparation services.
In this 2008 file photo, Julie Schaul, dressed like the Statue of Liberty, holds up an income tax sign in front Liberty Income Tax preparation services.   (AP Photo)
Tax day is Wednesday.
Tax day is Wednesday.   (AP Photo)
« Prev« Prev | Next »Next » Slideshow
OFF THE GRID
11.24.09
Murdoch and Microsoft: The Mice Are Trying to Roar
11.23.09
Books Are Bad for You
2 comments
VIEWING:
 
AClotfelter
Apr 13, 09 11:04 AM CDT
I'm sorry, but this is the "adult" thing to do... we're just going to have to learn to live in a world with lower, more sustainable, growth rates... Reply
Vote up! Vote down!
0
radnip
Apr 17, 09 4:50 AM CDT
Was there much of a boost from the last refund? If so, why's the economy so low again? Reply
Vote up! Vote down!
0
LEAVE A
COMMENT Comment Policy
Facebook ConnectPost this comment to Facebook?

After connecting you will have the option to post your comment on your Facebook profile.

 

Related Newser Stories

47 Stories

ANALYSIS

US GDP Jump Hollow if Unemployment Keeps Rising

... and it's still rising faster than before recession

Oct 29, 09 8:07 PM CDT
(Newser) - News that the US gross domestic product jumped 3.5% in the third quarter cheered investors and others, but the cheers will ring hollow if unemployment keeps rising, John Authers writes. Consumer spending rose even as disposable income fell—“ not a pattern that can be sustained for long, and... More »

MORE ABOUT:
recession • unemployment • consumer spending • economic stimulus package • consumer confidence index • US gross domestic product • financial crisis • Cash for Clunkers • disposable income

Credit Cards
Cut Deadbeats More Slack

With unemployment rising, companies modify, reduce debt

Sep 10, 09 9:15 AM CDT
(Newser) - With unemployment nearing 10%, credit card companies are doing something once unheard of: forgiving debt, or modifying it in the customer’s favor, the Washington Post reports. Companies are loathe to discuss the practice, lest it inspire more delinquencies, but according to one industry report, roughly 3 million people... More »

MORE ABOUT:
unemployment • credit card • interest rate • consumer debt • financial crisis • loan modification

 Lousy Retail Sales Will Delay Recovery

Recession isn't over
as far as consumers
are concerned

Aug 19, 09 8:38 AM CDT
(Newser) - If the recession is indeed waning, nobody told consumers. Retailers of every kind reported lousy sales for the quarter ended Aug. 1, the Wall Street Journal reports. Target’s same-store sales fell 6.2%, Home Depot’s dropped 9.1% and Saks’ plummeted a whopping 15.5%. And with... More »

MORE ABOUT:
retail • recession • consumer spending • Home Depot • retail sales • Target • retail stores • economy • Saks • financial crisis • recession depression • retail sector

47 Stories


The best things to do with your rebate
SmartMoney


Business  •  US 
TwitterFollow @NewserBusiness on Twitter

 
consumer spending • credit card • bills • splurges • tax refunds • taxpayers • financial crisis

from our news partners