LatestInOn the record
TRACKING 58385 EVENTS · 10370 SOURCES

VERIFIED QUOTE · reported 2026-08-25

We hope people use their income tax refunds for their financial future. It often ends up being spent on TVs,

Megan McCoy · said date not stated · reported 2026-08-25

McCody notes that tax refunds are often spent on consumer goods rather than put toward financial goals.

verbatim, matched to source text 1 source CNBC

This quote was mechanically extracted from the cited article and verified as an exact substring of the source text before publication. Attribution follows the article's own wording.

Quote copied with attribution