People are NOT that stupid. The Simpsons' behavior is not the way most people (or any people really) behave. Most people know the tax refund is their own money -- they just think of it as forced savings. I know no one who thinks of it as a "free gift" from the feds.
People are NOT that stupid. The Simpsons' behavior is not the way most people (or any people really) behave. Most people know the tax refund is their own money -- they just think of it as forced savings. I know no one who thinks of it as a "free gift" from the feds.
Quick and easy experiment to try that will show you how "stupid" people are.
In about a month start asking people if they have done their taxes yet. If they say yes, ask how much they had to pay in taxes. Almost all of them will say, "I got money!"
Oh how you underestimate people. Yes. People ARE that stupid.
Forced savings with no interest? I have my withholdings set to hit $0. return or pay the feds a little bit. Anyone getting a large return on an ongoing basis is a fool with their income.