As a pf blogger, I know that it is not in my best interest to get a tax refund because it means that I gave the government an interest free loan. I should take the time to figure out approximately how much tax I will owe at the end of the year and adjust my withholdings. I should calculate it and try to get as close to zero as possible or even owe a small amount.
I think that is a bogus idea. I want a tax refund because it means that I paid too much money throughout the year and now I get it back. I don't care about the interest that I lose. I would much rather get a refund than risk owing any money to the government. It is nice to get a refund and do whatever I like with it.
That said, I do think it is silly if you are consistently getting a huge tax refund above $5000. With that large amount, it can really make a difference with your monthly cash flow. Surely, you would notice an additional $450 or more per month in your paycheck.
I'm all about getting a refund. Are you? Or do you think it is stupid to give an interest free loan to the government?