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TurboTax’s database knows your secrets

Intuit (INTU), the company that makes TurboTax, maintains a database containing users’ Social Security numbers, names and other personal data — even for customers using the desktop version of the software who save their files on their own hard drives.

The existence of the database was revealed to users when Intuit set up a website for customers to ask for their $25 refunds from the software price increase. The site at turbotax.intuit.com/25back requires users to enter their Social Security numbers to get their $25 refunds. That indicates that personal tax data is, indeed, being stored by Intuit.


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Money Makes You Less Sad, But Not More Happy

Part of the answer may lie in how wealth shapes people’s appraisals of the negative events in their lives. Specifically, to the extent that
having more money provides more options for dealing with adversity, wealthier people may feel a greater sense of control than poorer people when difficult situations arise. Coming home to discover a leak in the roof, for example, may be an annoying, but easily resolved stressor for a well-off individual; in contrast, someone who could not afford to have the problem fixed right away might be plagued by this problem for months. The greater difficulty in dealing with such misfortunes may make poor people feel a lack of control over the vicissitudes of life, with greater consequences for sadness than for happiness.

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