Nothing feels better than money in the bank
than before the new tax law. In fact, middle-class Americans, on average, saw their taxes go down for the 2018 tax year.
According to the data, the average family who received a refund got about $3,600, which is equal to an average of 5.7 weeks worth of take-home pay, calculated using the average income amount of nearly $50,000. About 35% of families received multiple refunds, likely one from the federal government and one from their state government.
They found that in the week after a family's first refund is deposited, the biggest spending increases were for cash withdrawals, credit-card payments, and durable goods purchases , which all increased by at least 85% from the previous week.After someone stole my tax refund 2 years ago, I found the best way to protect myself is also the easiest
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