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And most people think of that money they get back as a bonus! Like it was never their money in the first place but a gift from the government

• ceejayoz 7y ago
  For people who aren't good at budgeting/saving, it can be a decent way of putting away money for a large purchase or two every year. It's a lot easier to raid a savings/retirement account than to get your IRS refund six months early.
  • philwelch 7y ago
    People aren't terrified of plundering their retirement accounts? There are massive and scary tax penalties if you do....
    • ceejayoz 7y ago
      10% isn't that massive or scary for someone facing something like a big unexpected medical bill or whatnot. "I can take out $2k to fix the flooded basement and it'll cost me $200 in penalties? OK."
      • philwelch 7y ago
        But that’s on top of whatever income taxes you didn’t already pay in some cases.