I guess trumps fuel price increase he is imposing on Americans are expected to eat up twice the amount of tax refund increase they are getting.
“This year, the average U.S. household will spend an additional $740 on gas because of the jump in oil prices, according to economists from the Stanford Institute for Economic Policy Research.
This is roughly double the $360 average boost so far to individual households’ federal tax refunds as a result of tax law changes. While economists predict that figure will rise by the end of filing season, it still won't equal as much as higher gas prices will cost.”
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BOHICA ·
