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Higher tax refunds will likely be used to offset rising gas prices

Spiking gas prices in the U.S. are on track to eat up tax refunds this year, leaving most Americans with little extra to spend. WASHINGTON (AP) — The U.S. economy was supposed to start the year with a bang, fueled by an unusually large jump in tax refunds from President Donald Trump’s tax cut legislation. Yet spiking gas prices are on track to eat up those refunds, leaving mo... [5208 chars]

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