Higher tax refunds are likely to be swallowed up by surging gas prices, economists say

Published on: 03/22/2026

This news was posted by Oregon Today News

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Lower and middle-income households are likely to be hit particularly hard, because they receive lower refunds, while spending a greater proportion of their earnings.

News Source : https://www.kgw.com/article/money/higher-tax-refunds-negated-surging-gas-prices-economists-iran-war/507-bf49ff98-b539-45bc-96bf-cbcfa1f6a0c5

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