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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: ScreamingFist

This part year in TN, a no-income tax state, I paid $600 city and $650 county property tax. No state property tax.


61 posted on 03/06/2010 1:05:06 PM PST by packrat35 (Democrat Healthcare is a 9-11 Attack on the Constitution)
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To: Gene Eric
How do you know he’s not homeless?

You have a good point and whenever somebody does not like Texas , I am always suspicious .

62 posted on 03/06/2010 1:05:38 PM PST by kbennkc (For those who have fought for it , freedom has a flavor the protected will never know F Trp 8th Cav)
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To: library user
Next year at this time, it won’t just be three states. It will be those states, plus the other 54.

Texans don't have to worry about delayed state income tax refunds.

63 posted on 03/06/2010 1:13:19 PM PST by PAR35
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To: SunkenCiv

Michigan refunds are being processed as per usual, and I know a few folks who already have their refunds back and spent. Oddly enough, this is a bullet we always dodge.


64 posted on 03/06/2010 1:18:34 PM PST by grellis (I am Jill's overwhelming sense of disgust.)
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To: cajuncow

“Cash-Strapped States Delay Paying Income-Tax Refunds”

Q - What happens to citizens that “delay” paying the state it’s taxes?

A - They get made Treasury Secretary.


65 posted on 03/06/2010 1:39:32 PM PST by Grunthor (Everyone hates the U.S. at least until they need liberated.)
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To: library user

“Next year at this time, it won’t just be three states. It will be those states, plus the other 54”

Not all states have income taxes.


66 posted on 03/06/2010 1:41:36 PM PST by Grunthor (Everyone hates the U.S. at least until they need liberated.)
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To: TXBlair
...I used to be so puzzled by (and jealous of! :)) my similarly-paid coworkers who got back large refunds. I finally stopped and thought about it...I’m bringing home far more per month than they are...Yes, they are letting the government use their money interest-free.

Great point. It amazes me how the masses get so excited over getting their own money back. They treat it like it was free money. Only fools get back sizable refunds...unless it can't be avoided.
67 posted on 03/06/2010 1:53:20 PM PST by F. dAnconia (We say: "It is, therefore, I want it. They say: "I want it, therefore it is")
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To: Concho

Good point.

We don’t need “healthcare reform” (socialist medicine) to help the economy.

What we need is tax reform.


68 posted on 03/06/2010 1:59:04 PM PST by Ghost of Philip Marlowe (Prepare for survival.)
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To: Gene Eric
How do you know he’s not homeless?

Because I have my state flag flying in my profile and I can afford an Internet connection? IQ's on FR are dropping, apparently.

69 posted on 03/06/2010 2:11:13 PM PST by ScreamingFist
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To: kbennkc
You have a good point and whenever somebody does not like Texas , I am always suspicious .

LOL! Yes. Texas is the the end all. Been to Austin lately? Or Houston or DFW? You're over run by illegals. Have a nice day.

70 posted on 03/06/2010 2:14:39 PM PST by ScreamingFist
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To: ScreamingFist

Apparently :)


71 posted on 03/06/2010 2:22:39 PM PST by Gene Eric (Your Hope has been redistributed. Here's your Change.)
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To: kbennkc
You have a good point and whenever somebody does not like Texas , I am always suspicious .

Oh sorry, I finally assed myself to click on your FR profile, apparently you are too lazy to click on mine.

72 posted on 03/06/2010 2:24:16 PM PST by ScreamingFist
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To: kbennkc
Texas == "wrong end of the thermometer".

Live from Minneapolis,
this is,

grey_whiskers.

Cheers!

73 posted on 03/06/2010 2:27:36 PM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: Psycho_Bunny

Hey do you think “doesn’t haven’t enough” is bad english??

doesn’t haven’t enough

english as a 4th language.


74 posted on 03/06/2010 2:30:00 PM PST by GeronL (I Own Me (yep, boiled down to 6 letters))
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To: GeronL

I divided the budget by population in the City of San Francisco and got $8,250 per person.

The city of SF spends more than $8K per person a year and its still a horrible place.

I cannot even imagine the tax rates it must take to collect that much from the residents.


75 posted on 03/06/2010 2:34:41 PM PST by GeronL (I Own Me (yep, boiled down to 6 letters))
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To: cajuncow

Wait... They demand under color of authority and force we pay our taxes on time and impose sever penalties if we fail but now they want to hold our “Loot” til who know when?

Why don’t they break the union contracts and unfunded liabilities for government pensions.

They could even ask employees to pay a fair share for their insurance.

Heck, they could even fire or layoff some employees but, noooo... Their hiring binge continues unabated. This despite the fact they will have shortfalls in revenue? Cowards and theives.

The government needs to get some backbone and act more realistically in their budget decisions. Everything from paperclips to duplicate positions needs to be put to a stop.

Heck, our teachers bring supplies for the classroom, why should the government employess be given a cafeteria when there are plenty of restaraunts to serve the lunch and dinner crowds.

You know a week ago I was at the Fairmont, San Jose and there where 4 rooms fool of teachers watching some powerpoint presentations.

The Fairmont, a 4 star hotel, is your venue? Why so you can feel good about your job. What pretentious assholes.

The Fairmont charges pretty penny for their convention services and rooms.

Why not have the meeting at an unused office building? The owner of the building might even cater for free but, definitely at a much reduced rate than a 4 star hotel.

Why not have the meeting at a Howard Johnsons? The rates and catering would most definitely be cheaper.

Why not have the meeting in your own town. These teachers were from Sacramento. So they probably had per diem expenses, mileage and overnight hotel stay.

Some animals are more equal than others.


76 posted on 03/06/2010 2:52:16 PM PST by Vendome (Don't take life so seriously... You'll never live through it.)
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To: rwfromkansas

I never owned property in KS, although it’s my home state. How do libs like Sebalius get elected? Must be Wichita and KC...


77 posted on 03/06/2010 2:58:07 PM PST by prairiebreeze (Prayers for the Ft. Hood families, victims and soldiers.)
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To: ScreamingFist
I am sure your profile would be very informative . Sorry you wasted youe time looking at mine since I have been stationed in 11 different states and 5 countries . I really am too lazy to give a good damn about yours .
78 posted on 03/06/2010 3:08:44 PM PST by kbennkc (For those who have fought for it , freedom has a flavor the protected will never know F Trp 8th Cav)
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To: ScreamingFist

“You must rent. I lived in Texas 17 years....my property taxes on my house went from $600 to $1800 to $3600 to $4800 dollars in 8 years in Ft. Worth. I paid $21 for property taxes last year. You can keep Texas and their “no state tax”.”

What’s really neat about Texas is that one can make $250k (to pick a number) and not have to pay anymore in state tax than someone who makes $25k...providing that both of you live in the same value house (or live in an apartment) - and that you use Amazon for most of your purchases. 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.


79 posted on 03/06/2010 3:10:38 PM PST by BobL
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To: kbennkc
I am sure your profile would be very informative . Sorry you wasted youe time looking at mine since I have been stationed in 11 different states and 5 countries . I really am too lazy to give a good damn about yours .

Not really, it just has a state flag. You can actually search on FR and find posts. And I don't give a damn where you have pretended to be....

80 posted on 03/06/2010 3:12:56 PM PST by ScreamingFist
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