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Discussion in 'Political Debate & Discussion' started by carpro, Jan 29, 2009.

  1. carpro

    carpro Well-Known Member
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    http://blogs.abcnews.com/thenote/2009/01/tax-refunds-now.html

    Tax Refunds Now on Hold in California
    January 27, 2009 6:23 PM

    ABC News' Teddy Davis Reports:

    ABC News has learned that tax refunds are now on hold in California for the first time in state history, according to the state controller's office.
     
  2. carpro

    carpro Well-Known Member
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    With the unrestrained spending advocated by the Obama Administration, we must reasonably expect to get such a letter sometime in the future from the federal government.

    My advice is to never end the tax year due a refund. Always owe something.
     
  3. billwald

    billwald New Member

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    Good advise, actually.

    Difference is that California is not permitted to write a bad check. The US Treasury will write any check that Congress tells them to and pass the expense onto the grandkids.
     
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