California Update

From the Land of Fruits and Nuts comes the following tax refund

update - including the possibility that the State "may" start issuing IOU's instead of refunds.

formatting link
Dick

Reply to
Dick Adams
Loading thread data ...

We used to go through that nonsense annually in Illinois. Some of us learned to apply refunds to taxes owed for the following year.

The legislature was finally embarassed (after hearing from enough constituents screaming "bloody murder") and began paying a portion of taxes collected into a special fund sufficiently large to pay anticipated refunds.

Reply to
Adam H. Kerman

Arnold is suposed to sign our budget tomorrow (Friday, April 20, 2009). We better not IOU's with a budget in place.

Reply to
D. Stussy

Your "news" is a month late.

Reply to
PeterL

BeanSmart website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.