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March 12, 2010

State Tax Refunds - The check may not be in the mail. [krak]

Dear taxpayer,

I won't be able to send you the money I owe you for a while. I hope to be able to pay you by the end of the year.

I know, I know. Look, we told you: The economy is a mess, see, and you don't want the kids to suffer, do you?

Hey, don't worry: We might even pay you interest on it. What's that? Penalties? Oh no, penalties are for tax-payers, not tax-imposers.

Hmm? "Just kicking the problem a year down the road?" Oh, no, let me explain. See, the way it all works is -

Hey look over there! Is that Elvis behind that tree?

Delaying refund checks isn't unprecedented, Pattison said, but it is something virtually no politician wants to do, because taxpayers are owed the money and in most cases want it fast. Delays in paying refunds and other state bills can trigger interest on those overdue payments, depending on state laws, he said.

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posted by Open Blogger at 11:10 AM

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