Menu

Home › Forums › Other › California withholds tax refunds

Viewing 15 posts - 1 through 15 (of 101 total)
1 2 3 … 5 6 7
  • Author
    Posts
  • January 17, 2009 at 8:42 AM #14856
    waterboy
    Participant

    California withholds tax refunds

    Cash-strapped state says those who overpaid in 2008 are out of luck, while other checks will be held for 30 days as it tries to ward off bankruptcy.

    Has CA ever done this before?

    http://money.cnn.com/2009/01/16/news/economy/california.reut/index.htm?postversion=2009011614

    January 17, 2009 at 8:51 AM #330418
    TheBreeze
    Participant

    I foresee a multi-billion dollar market in IOUs on Ebay.

    BTW, is it legal to claim more allowances on a W-4 in order to keep this effed-up state’s effed up hands’ off my money? I don’t mind paying my fair share of taxes, but I think it’s pretty shitty that the state has confiscated more money from me than someone who makes the same but pays less tax throughout the year.

    January 17, 2009 at 8:51 AM #330754
    TheBreeze
    Participant

    I foresee a multi-billion dollar market in IOUs on Ebay.

    BTW, is it legal to claim more allowances on a W-4 in order to keep this effed-up state’s effed up hands’ off my money? I don’t mind paying my fair share of taxes, but I think it’s pretty shitty that the state has confiscated more money from me than someone who makes the same but pays less tax throughout the year.

    January 17, 2009 at 8:51 AM #330831
    TheBreeze
    Participant

    I foresee a multi-billion dollar market in IOUs on Ebay.

    BTW, is it legal to claim more allowances on a W-4 in order to keep this effed-up state’s effed up hands’ off my money? I don’t mind paying my fair share of taxes, but I think it’s pretty shitty that the state has confiscated more money from me than someone who makes the same but pays less tax throughout the year.

    January 17, 2009 at 8:51 AM #330857
    TheBreeze
    Participant

    I foresee a multi-billion dollar market in IOUs on Ebay.

    BTW, is it legal to claim more allowances on a W-4 in order to keep this effed-up state’s effed up hands’ off my money? I don’t mind paying my fair share of taxes, but I think it’s pretty shitty that the state has confiscated more money from me than someone who makes the same but pays less tax throughout the year.

    January 17, 2009 at 8:51 AM #330940
    TheBreeze
    Participant

    I foresee a multi-billion dollar market in IOUs on Ebay.

    BTW, is it legal to claim more allowances on a W-4 in order to keep this effed-up state’s effed up hands’ off my money? I don’t mind paying my fair share of taxes, but I think it’s pretty shitty that the state has confiscated more money from me than someone who makes the same but pays less tax throughout the year.

    January 17, 2009 at 8:55 AM #330428
    an
    Participant

    It’s legal to claim whatever you want on the W-4. But if you pay a lot less than your fair share, you’ll have to pay a penalty comes April.

    January 17, 2009 at 8:55 AM #330764
    an
    Participant

    It’s legal to claim whatever you want on the W-4. But if you pay a lot less than your fair share, you’ll have to pay a penalty comes April.

    January 17, 2009 at 8:55 AM #330841
    an
    Participant

    It’s legal to claim whatever you want on the W-4. But if you pay a lot less than your fair share, you’ll have to pay a penalty comes April.

    January 17, 2009 at 8:55 AM #330867
    an
    Participant

    It’s legal to claim whatever you want on the W-4. But if you pay a lot less than your fair share, you’ll have to pay a penalty comes April.

    January 17, 2009 at 8:55 AM #330950
    an
    Participant

    It’s legal to claim whatever you want on the W-4. But if you pay a lot less than your fair share, you’ll have to pay a penalty comes April.

    January 17, 2009 at 9:33 AM #330473
    TheBreeze
    Participant

    [quote=asianautica]It’s legal to claim whatever you want on the W-4. But if you pay a lot less than your fair share, you’ll have to pay a penalty comes April.[/quote]

    Thanks for the tip. It wouldn’t surprise me if tons of people increase their allowances causing California to be in even worse shape over the course of the next year (revenue-wise) than they would have been. The old law of unintended consequences.

    January 17, 2009 at 9:33 AM #330809
    TheBreeze
    Participant

    [quote=asianautica]It’s legal to claim whatever you want on the W-4. But if you pay a lot less than your fair share, you’ll have to pay a penalty comes April.[/quote]

    Thanks for the tip. It wouldn’t surprise me if tons of people increase their allowances causing California to be in even worse shape over the course of the next year (revenue-wise) than they would have been. The old law of unintended consequences.

    January 17, 2009 at 9:33 AM #330885
    TheBreeze
    Participant

    [quote=asianautica]It’s legal to claim whatever you want on the W-4. But if you pay a lot less than your fair share, you’ll have to pay a penalty comes April.[/quote]

    Thanks for the tip. It wouldn’t surprise me if tons of people increase their allowances causing California to be in even worse shape over the course of the next year (revenue-wise) than they would have been. The old law of unintended consequences.

    January 17, 2009 at 9:33 AM #330912
    TheBreeze
    Participant

    [quote=asianautica]It’s legal to claim whatever you want on the W-4. But if you pay a lot less than your fair share, you’ll have to pay a penalty comes April.[/quote]

    Thanks for the tip. It wouldn’t surprise me if tons of people increase their allowances causing California to be in even worse shape over the course of the next year (revenue-wise) than they would have been. The old law of unintended consequences.

  • Author
    Posts
Viewing 15 posts - 1 through 15 (of 101 total)
1 2 3 … 5 6 7
  • You must be logged in to reply to this topic.