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View Full Version : Anger rising among taxpayers with decision to withhold refunds CrystalD 01-29-2009, 11:38 PM "The state could be forced to pay 5 percent interest on delayed refund payments if they are not paid by the end of May, according to state Controller John Chiang. Full Story Click Here! (http://www.pressdemocrat.com/article/20090128/ARTICLES/901280157) TaivensMama 01-29-2009, 11:52 PM honestly I'm not angry...I figure we will get it and we could use it whenever we get it...we don't have specific plans for the $ so waiting a bit for it won't put a kink in any plans...but I think it's only fair they pay an interest since taxpayers would have to if they were late to them... My3sonsplus1 01-30-2009, 06:45 AM hmm now that is an idea... I'll take a late payment with interest. Turns out dh's former job did seem to take out taxes, must have been when he cashed out all his accrued vacation and sick time and I think they figure that as some different formulation. momtoM&D 01-30-2009, 07:27 AM We get so much more back from fed that I'm really not worried about not getting the small amount we get from CA. It will be a nice little bonus when it does come. Stacey 01-30-2009, 08:15 AM I try not to give the gov (state or federal) any interest free cash in the first place so I probably won't be getting much $ back anyway.... although I don't know how much an additional dependent changes things so I guess we'll get more back this year than usual. Lorah 01-30-2009, 09:40 AM I try not to give the gov (state or federal) any interest free cash in the first place so I probably won't be getting much $ back anyway.... although I don't know how much an additional dependent changes things so I guess we'll get more back this year than usual. :yeah and from what it looks like, even with the even withholdings, sicne we added Noelle (which dangnabit we are still waiting on her SS# to file...and that's it! :shake) we would get $500 back! So I'd LOVE to have that extra interest! JeriAnne 01-31-2009, 11:26 AM If the state has to pay interested to everyone that is getting an IOU - aren't the tax payers going to end up paying back the interest in higher taxes? I think that I'd rather have an IOU then higher taxes to pay off a loan that the state had to get to pay interested to people that had IOU's. I don't know, I might be talking out of my ass since I didn't read the article. |