Consumers Plan to Save, Pay Debt with Tax Refunds

The two most popular plans US consumers have for their tax refunds this year are putting the money into savings and using it to pay down debt, according to the National Retail Federation (NRF) 2011 Tax Returns Consumer Intentions and Actions Survey, conducted by BIGresearch. Approximately 42% of survey respondents say they will take each action with their 2011 tax refunds.
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