Look for a sales uplift starting Wednesday

[gurlcat]

Every year about this time, I obsessively follow this group who obsessively follow the inner workings of the IRS, to find out when they might expect to see their tax refunds. A small portion of filers have already received it, but the bulk is yet to come. In case you didn’t know, a very large portion of refunds, (all the ones getting Earned Income credit and Additional Child credit) are bookended by the Path Act, meaning they cannot be released until after the 15th of February.

That is today, but since it’s Saturday, and Monday is a holiday, also it can take a couple days for the deposit to hit, the 19th is the likely earliest day some ‘Pathers’ will have money to spend, with more to follow in subsequent days.  

 

So if you’ve been having slow sales recently, it could be that your buyer base is just keeping their wallets clamped until they get that windfall.

[buyselljack2016]

....................

[silverstatetreasureboxes]

@gurlcat 

No refund for me,  owed money. 

hope your not in line for that dangerous weather  coming.

[sin-n-dex]

Tax time people do shop in my store, but I think most of my customers are seniors (so no child tax credit).

I'm trying to sell as much as I can before my next round of time away (not self-imposed).

C.

[gurlcat]

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@silverstatetreasureboxes wrote:

@gurlcat 

hope your not in line for that dangerous weather  coming.

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Looks like it won’t affect Mobile. Good thing too because Mardi Gras is in full swing.

[soh.maryl]

Why would an income tax refund be considered a "windfall"?

It's your money.  You gave the IRS an interest-free loan for a year.

Some people appear to think of it as noninterest bearing savings account.  Wouldn't it be better in most cases to have less deducted from your paycheck so you can use it for day to day expenses or deposit it into a savings account where it would actually earn interest? 

[gurlcat]

I didn’t give them any money all year. Still get a refund, though, lol. But can we not steer the topic, please? I’m trying to spread some good news for a change. It is a windfall of money to millions of people, and some of them will come and spend it here. Call me crazy, but I think that’s a good thing.

[lastade*]

I received mine last week and splurged on 3 different cartons of ice cream.  I normally would have just bought one.

[12345jamesstamps]

From what you are selling it might be more of some retired...and social security money to those clinks in a period of a week of a month.

Check your buys and I bet they are usually a certain few days of every week.

That's when retirees get their monthly paid.

I know for a fact I sell a lot the week before the end of the month and before my monthly eBay fee.

There are usually 4 pays in a month of retirees on social security...sometimes less due to a holiday or such.

[txentosupply]

Might have invested it in a dozen eggs! LOL

[12345jamesstamps]

Connect the dots?