No Tax Refund for Californians!
01-03-2009, 10:12 AM
#1
iClub Silver Vendor
Thread Starter
iTrader: (25)
Join Date: Nov 2002
Location: Participating in some Anarchy!
Posts: 15,494
Car Info: 2005 LGT wagon
No Tax Refund for Californians!
Because liberal socialism doesn't work, CA residents that overpaid thier income tax may receive "registered warrants" instead of a check.
My office has projected that, in approximately 60 days, there will be insufficient cash available to meet all expenditures reflected in the 2008-09 Budget Act," stated a Tuesday letter from Controller Chiang to the directors of all state agencies. "To ensure that the State can meet its obligations to schools, debt service, and others entitled to payment under the State Constitution, federal law, or court order. California may begin, as early as February 1, 2009, issuing registered warrants...commonly referred to as IOUs...to individuals and entities in lieu of regular payments."
01-03-2009, 11:43 AM
#4
Registered User
Join Date: Jul 2007
Location: Nor Cal-- For Now
Posts: 380
Car Info: 05 PSM WRX
01-03-2009, 01:38 PM
#8
Registered User
Join Date: Jul 2007
Location: Nor Cal-- For Now
Posts: 380
Car Info: 05 PSM WRX
)
01-05-2009, 09:54 AM
#15
Registered User
Join Date: Nov 2003
Location: Northern Bay Area: Larkspur
Posts: 1,004
Car Info: 02 Silver WRX sedan. Eibach springs, Blitz NUR cat back, Rota 17" Attacks, Cobb AccessPort/DP
Never overpay
Try and come out even at the end of the year. Some people look forward to getting that check at the end of the year but in reality you're not doing yourself any favors. It's better to owe or break even.