I had a discussion about income tax, with my three sons. Their thought are different from mine in that they like to receive a tax refund.., as do many people--the majority I guess. Although I am long retired, I felt I was better off to pay as little taxes as possible and end up paying what I owed when filing tax returns. My thoughts were---why should I pay too much and let the government use my money INTEREST FREE !! Ever wonder why most people receive their returns on a Saturday---gov. can get a couple of extra days interest free use Of course it's nice to have the refund to spend on what you want, but why not just put a little money into a special account like a Christmas Fund and draw a little interest ? I always had just the right amount withdrawn to avoid a penalty. Each year, I would have enough money in my Xmas fund to more then cover what extra I had to pay. It's not just young people--at work many of my fellow employees would "Brag" about how much of their money they were getting back??