Explain It to Me cover image

Taxes! Let’s get right Intuit.

Explain It to Me

00:00

The Inertia Theory of Income Tax Refunds

Economist damon jones is trying to explain why people get so much tax refund. He says fear of punishment and savings are two theories that don't make a lot of sense. But inertia m, he argues, may be the real reason for over withholding. The research has implications for how we pay our taxes in the future.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app