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The Lighter Side Of The April 15th Tax Deadline

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Where They Keep The IOU's

Where They Keep The IOU’s

You may find it interesting to note that the average tax refund from the IRS is about $3,000.   The total amount of individual income tax refunds over the past several years has averaged around $300 billion.  That is a lot of money flooding the market and most of it is returned in February since the electronic filing rate has gone over 80% of all returns filed.  This year due to the fiscal cliff drama at the end of last year, tax filing has been running behind since returns were not even accepted until January 30th.

I thought that since today’s blog is released on April 15th I would make a list of things I could do with the average $3,000 refund:

  • On Amazon.com I could buy 216 copies of the Compact Disc, Revolver by The Beatles and still have$1.92 leftover for the Taxman which is the title of the first track.
  • I could buy 600, Five dollar foot long subs at Subway provided I was in Oregon since they do not have a sales tax.
  • I could go to a pizza shop and order a large Pizza since it is much more economical than a medium and then leave a really nice tip.
  • Take my wife on a well deserved all-inclusive vacation to a Caribbean island.
  • Buy 1.88 ounces of gold at $1,600 per ounce.  The all-inclusive Caribbean vacation sounds like a lot more fun.
  • Pay the toll on the Golden Gate Bridge into San Francisco for me and the next 499 commuters with 2 axles.  That is a $6 toll and adds up to about $1,500 if you do not get the easy pass and use it every day except vacations and holidays.  Tolls are paid electronically so there is no need to stop.
  • Assuming I cut the grass weekly for 8 months out of the year I could give the neighbor kid $20 per cut and take almost four and a half years off.  Now that sounds like a good use of 3 grand!
  • Get Lasik eye surgery and save on eyeglasses and still have lots of money left over for buying gum and candy cigarettes.
  • Drop It all on lottery tickets – you know make a GOOD investment.
  • Use it to make a time machine and go back to January 11th 1969 and bet big on the Jets to win the Super bowl against the Colts.

Have a great week and I hope you are able to spend a little of your refund money in your own special way.

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Written by pacelinebiz

April 15, 2013 at 8:01 am

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