$87 BILLION in Tax Refunds So Far This Year

The press has been talking about a special telephone excise tax refund that many filers have not taken. What jumps out at me is that the government has sent out nearly $87-BILLION in tax refund checks this year. That's up over 5% from the year before. $87-bln - no doubt some of that money has had to have made its way to you guess it - the stock market.