Latest / Economic Insights by Nationwide
Larger tax refunds: Spend, save, or invest
As a benefit of last year's “One Big Beautiful Bill”, tax refunds are expected to be much larger this year - boosting consumer spending and providing incentives for businesses. Nationwide's Senior Economist, Ben Ayers, and Senior Director of Advanced Consulting Group, Tom Duncan, discuss what these tax changes could mean for households, businesses, and the broader economy - as higher gas prices from the war in Iran and future tax uncertainty are complicating expectations for economic growth. [NFM-22911AO]
The skinny
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