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Cash-Strapped States Delay Paying Income-Tax Refunds
Yahoo ^
| 3-5-10
| cnbc
Posted on 03/06/2010 10:35:33 AM PST by cajuncow
This year, more Americans and businesses may be asking: Where's my tax refund?
That's because cash-strapped states such as North Carolina, Alabama and Hawaii have been forced to slow down issuing income tax refunds to individuals and businesses because of a lack of funds in their budget.
Kansas has hinted that a delay might be possible, and processing paper refunds in Iowa has slowed because the state doesn't haven't enough employees to get them processed faster.
Another state, New York, is still considering whether they'll follow the likes of Hawaii and delay refund payments.
(Excerpt) Read more at finance.yahoo.com ...
TOPICS: Breaking News; Government; News/Current Events
KEYWORDS: alabama; biggovernment; hawaii; incometax; kansas; michigan; newyork; northcarolina; refunds; taxes
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To: cajuncow
“We know you gave us too much money but we need it more than you so we’re keeping it and there is nothing you can do about it.”
This should be a crime
121
posted on
03/06/2010 6:48:21 PM PST
by
Personal Responsibility
(There are those who are wise. And there are those who are otherwise.)
To: HerrBlucher
We got a $466 red light ticket.
Yes it is wrong to wrong a red light but $466???????
122
posted on
03/06/2010 6:51:58 PM PST
by
Persevero
("Our culture is far better than a retarded Islamic culture." -Geert Wilders)
To: library user
You are kidding right? There won’t be any refunds next year to delay! ;0)
To: Persevero
Yup, on a ticket they do whatever they want, after all, you are a bad guy. Soon, even parking tickets will be $500 a pop. They are crooks with a license to steal.
124
posted on
03/06/2010 7:05:46 PM PST
by
HerrBlucher
(Jail Al Gore and the Climate Frauds!)
To: Vaquero; Responsibility2nd
well to pay to maintain infrasturcture schools etc...you either pay income tax or property tax....or tolls...or fines...or whatever.
Texas' property tax is at least 3 times that of California's. At least, it was when we lived in Corpus 5 years ago. And it was rising every year. Made it so that even with paying state income tax in CA, we still pay less in taxes.
They getcha one way or the other. Except perhaps in Nevada. Their property tax is also capped at 1% and cannot be ihcreased except by voter mandate. And no state income tax either.
To: HerrBlucher
It bothered me that we have to send in the $466 even if we contest.
Guilty before proven innocent.
126
posted on
03/06/2010 7:07:17 PM PST
by
Persevero
("Our culture is far better than a retarded Islamic culture." -Geert Wilders)
To: dragnet2
Ya notice people in Texas are constantly trying to get people to move there?
Then throw in nasty heat and humidity 7 months out of the year...
I'd say trouble likes company
You couldn't pay me to move back there. And I was born and raised there plus moved back 5 years ago for a year. Couldn't leave fast enough.
Heat, humidity, bugs, illegals, ugly landscape, confiscatory property taxes and people condescendingly proud of all that. I imagine they're actuall proud of their state for other reasons, but they can't get their noses out of the air long enough to explain why. (At least the natives like my sister and her husband were like that.)
To: cajuncow
I anticipated this last year so I drastically lowered my withholding so I will wind up owing both state and federally this year. I'm betting the state of North Carolina won't extend me the courtesy of delaying my payment interest free for a while until it's more financially convenient for me.
128
posted on
03/06/2010 7:40:53 PM PST
by
Dayman
(My 1919a4 is named Charlotte. When I light her up she has the voice of an angel.)
To: hattend
My property taxes have gone down to about $300 per year this year with the homestead exemption and having just turned 65 I get the 65+ exemption this year (On a 2,350 sq. ft. custom home on an acre of land built 4 years ago.
129
posted on
03/06/2010 7:48:45 PM PST
by
BnBlFlag
(Deo Vindice/Semper Fidelis "Ya gotta saddle up your boys; Ya gotta draw a hard line")
To: ScreamingFist
“’If you do WANT to live your income, you certainly can, but you will be taxed here. But if you are willing to live low (as I do)...then you get a FREE RIDE here...something that NO STATE with an income tax can offer.’
Oh, thanks for sharing that Bob....I’m glad to see assholes like you know how to scam the system. And I wonder why my taxes were off the roof...... “
You’re a bit jumpy, my point is that I live in a state that collects most of its money by property taxes...Because of that I can make a lot of money, but still live in a very cheap house (as many here do), and pay very little money to the state in taxes. That is something that you CANNOT do if you are taxed on income (i.e., before you get the money). Obviously, it’s not scamming the system...it’s just taking advantage of the flexibility of the system...and yes, EVERY penny I make is reported to the IRS and I do pay taxes on that money.
130
posted on
03/06/2010 8:23:10 PM PST
by
BobL
To: cajuncow
Looks like I picked the wrong year to use my tax refund to pay for brakes on my car.
131
posted on
03/06/2010 9:34:26 PM PST
by
Eric Blair 2084
(Beware of the Socialist Government-Academia Grant Junkie-Rich "non-profit"-Liberal Media Complex)
To: BnBlFlag
But are you the exception or the norm?
132
posted on
03/06/2010 9:41:15 PM PST
by
hattend
(The era of John McCain is over, the era of Ronald Reagan is back! Go Sarah Go!)
To: cajuncow
Last year, Missouri ran out of money to pay state tax refunds.
So, as there were few strictures on Federal “stimulus” funds, and
a desire to NOT call the state legislature back into session to fix the
short fall...
a large number of Missourians got their state tax refunds out of
Federal stimulus funds.
Sure, they had to wait till maybe June to get paid, especially if
they waited till late Feb/early March to file.
So far, MO has been doing timely refunds for Tax Year 2009...
but after last year...anything could happen.
133
posted on
03/06/2010 9:45:24 PM PST
by
VOA
To: cajuncow
I am sooooo glad I live in Texas where we don’t have state
income tax and seem to do all right without it or it’s headaches!
134
posted on
03/06/2010 9:46:16 PM PST
by
luvie
(DIMs?......start packin'--you're fired!)
To: Responsibility2nd
“You mean there are states that have a state income tax?”
California, with a top rate of 11%.
Having Proposition 13 keeping property taxes low makes me very happy paying State incomr tax!
To: cajuncow
To: Josa
My wife complained to me that she would rather pay more all year and get a bigger refund at the end of the year. Changed it anyway and now owe Kalifornia $87. And they will receive the check on or after April 15th. Screw them. Thatâs all they do to us, unless you are m illegal alien.
137
posted on
03/06/2010 11:55:13 PM PST
by
Nitehawk0325
(I have the right to remain silent, but I lack the ability...........)
To: cajuncow
I’m still waiting for a refund from the City of Detroit for three years now.
138
posted on
03/07/2010 8:56:59 AM PST
by
Portnoy
(Visit me at www.thehipposass.com or follow me on Twitter @thehipposass)
To: cajuncow
...because remember, it’s not really your money, it’s the government’s to do with what they please.
139
posted on
03/07/2010 9:00:05 AM PST
by
WOBBLY BOB
(ACORN:American Corruption for Obama Right Now)
To: library user
“Next year at this time, it wont just be three states. It will be those states, plus the other 54.”
LOL on the 57 states referernce...dear leader’s so BRILLIANT, aint he?
140
posted on
03/07/2010 10:25:01 AM PST
by
SeattleBruce
(God, Family, Church, Country - Keep on Tea Partiers - party like it's 1773 & pray 2 Chronicles 7:14!)
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