Many People Choose to Submit Payroll Forms to Their Employers

Many people choose to submit payroll forms to their employers that result in more income taxes being withheld than these employees actually will owe in income taxes.According to behavioral scientists,the most likely explanation for this behavior is that:

A) The IRS, in paying tax refunds, pays generous interest rates on excess amounts withheld from taxpayers' earnings during the year
B) Over-withheld taxes are viewed favorably by credit reporting agencies, which enhances taxpayers' self-esteem
C) The principle of loss aversion
D) The principle of moral reminders