No Tax Refund for Californians!
Thread Starter
iClub Silver Vendor
iTrader: (25)
Joined: Nov 2002
Posts: 15,494
From: Participating in some Anarchy!
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."
Thread Starter
iClub Silver Vendor
iTrader: (25)
Joined: Nov 2002
Posts: 15,494
From: Participating in some Anarchy!
Car Info: 2005 LGT wagon
Registered User
Joined: Jul 2007
Posts: 380
From: Nor Cal-- For Now
Car Info: 05 PSM WRX
Registered User
Joined: Jul 2007
Posts: 380
From: Nor Cal-- For Now
Car Info: 05 PSM WRX
VIP Member
iTrader: (2)
Joined: Apr 2003
Posts: 9,351
From: pompous douchebag
Car Info: $200,000 sports car
oh sweet, maybe i'll just try sending them a "registered warrant" aka "i might pay you back, maybe" since i think i'm gonna owe a little on my state taxes.
Churro Aficionado
iTrader: (38)
Joined: Feb 2008
Posts: 54,661
From: IG - @thomas.teammoist
Car Info: IG - @TEAMMOISTOFFICIAL
)
VIP Member
iTrader: (2)
Joined: Apr 2003
Posts: 9,351
From: pompous douchebag
Car Info: $200,000 sports car
Registered User
Joined: Nov 2003
Posts: 1,004
From: Northern Bay Area: Larkspur
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.