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Feb 24, 2017
11:50:16am
Skeptical Optimist All-American
"Inspiring" story about a single mother earning minimum wage getting a $5400 tax
refund and using it to pay her rent.

http://www.fox4news.com/trending/237734118-story

The South Carolina woman, originally from the Sarasota-Bradenton area, says she got $5,600 back on her taxes. "Instead of buying my kids the latest Jordans or fancy electronics I paid my rent for the YEAR," she wrote. She said she's a single mom on a minimum wage job and does it all by herself.

The bonus: "This also means I will have that extra 450 a month to do things with my kids," she wrote.

"So glad you are making wise choices. It will help you in the long run," one woman commented. "Power move!" said another commenter.


The math: She has an extra $450/month by withholding an extra $466/month in taxes.

(I realize that she likely has a negative tax liability, so she can't avoid getting a tax refund. But she and her friends should realize that it isn't a "solid move" to get such a large refund.)
Skeptical Optimist
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