Skip to comments.Illinois out of money for income tax refunds
Posted on 06/29/2011 3:06:06 AM PDT by blueyon
With the start of a new budget year just two days away, thousands of Illinois businesses are still waiting for state income tax refunds dating back to 2009.
The Illinois Department of Revenue said Tuesday it would end the fiscal year June 30 still owing about $620 million in business income tax refunds. As of June 21, the department still owed 7,572 business income tax refunds, although spokeswoman Sue Hofer said the number by the end of the month would be lower because some since have been paid.
The oldest of the overdue refunds goes back to April or May of 2009, she said. The average amount of the refunds owed is $104,000. Hofer said refunds less than $5,000 have been paid.
"There is not enough money in the Income Tax Refund Fund," Hofer said in explaining the delays.
(Excerpt) Read more at pjstar.com ...
Greek like tax collections
The non existent kind
Why would any Chicago business pay city taxes now ?
Sometimes the law defends plunder and participates in it. Thus the beneficiaries are spared the shame, danger, and scruple which their acts would otherwise involve. Sometimes the law places the whole apparatus of judges, police, prisons, and gendarmes at the service of the plunderers, and treats the victim when he defends himself as a criminal.
This legal plunder may be only an isolated stain among the legislative measures of the people. If so, it is best to wipe it out with a minimum of speeches and denunciations and in spite of the uproar of the vested interests.
But how is this legal plunder to be identified? Quite simply. See if the law takes from some persons what belongs to them, and gives it to other persons to whom it does not belong. See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime.
Then abolish this law without delay, for it is not only an evil itself, but also it is a fertile source for further evils because it invites reprisals. If such a law which may be an isolated case is not abolished immediately, it will spread, multiply, and develop into a system.
Frederic Bastiat 1801-1850
IL Businesses: Move to a right-to-work state that doesn’t squander [as much of] it’s resources on bloated welfare state programs.
Yes one more log into the steam engine of socialism heading down the tracks full throttle a few miles from the canyon with no bridge
It’s going to be one hell of a spectacluar wreck
Simple fix. The state just amends the business's tax returns to say an additional tax is owed that equals the claimed refund.
(Is that the Chicago way?)
As usual the Illinois politicians used your refunds for graft.
This is like something straight out of a Third World country.
Thanks and if you like it, it’s yours.
Illinois, Massachusetts, California and New York. Chicago, Boston, Los Angeles, New York City. Watch them rot.
Think Greece or worse. Civil disobedience is already occurring.
In Upper Darby, PA, they've instituted a curfew for everyone (8 PM - 6 AM) because of youth gang attacks and robberies. That will be the norm as well as National Guard patrols in the streets of major cities.
Or maybe people will just have to try super hard to find a job of any type. But with generations of people accustomed to the dole, the entitlement mentality is ingrained and will take several generations to shake.
My friend told me about a man who runs nursing homes in Illinois. He has not gotten paid the state part of medicaid for 3 years! He went to court to try to remove those people from the homes and was not allowed to. He also was not allowed to close the nursing homes, and was told to keep on writing those checks for supplies, utilities, workers etc.
He finally, after years of wrangling, looked at the judge and said “Your honor, I will keep writing the checks, but at some point there will be no money in the account.”
He has been subsidizing the state for 3 years! The state has been stealing from him for 3 years, sanctioned by the courts! What happens when the money is gone and nobody gets paid, the power is turned off, and food is no longer delivered?
The poor fellow gets arrested and jailed for Medicaid fraud.
We learned the hard way last year that every time you ask a question or send a registered letter your return is “pulled” from the line, reviewed and returned to the bottom of the list.
We went from having 38K personal returns in front of our return (in which they had returned $123 of a $1500 return) to being at 108K.
So - the lesson learned here is never ask questions. We received our 2009 return in March of this year. The $12 interest did not make up for the error. Oh and we paid taxes on the $12.
Wouldn’t it be interesting if some nosy newspaper man found out Rahm and other pols and govt employees got IRS refunds? LOL.
Illinois sucks. I can’t believe I let my Wife talk me into moving here.
To paraphrase Obi Wan Kenobi: it is a retched hive of scum and villany.
I wonder if Illinois politicians have considered how much revenue is lost to neighboring states because of the budensome taxation here? I save up to 40 cents a gallon by buying gasoline in Indiana. When I smoked cigarettes, a pack in Indiana cost half of what it cost in Chicago. I see a steady flow of my neighbors going to Indiana to do business. I notice a similar difference in cost in the St. Louis area between Illinois and Missouri. And, comparing the business climate in my neighborhood with that of northwest Indiana — businesses of all kinds flourish in northwest Indiana, while many businesses you’d expect in an area like southeast Chicago are non-existent. For example, another reason I buy gasoline in Indiana is I couldn’t buy it my neighborhood even if I wanted to. There are no gas stations for miles. When the Dominick’s closed, we went for years without a large grocery in the area.
-——one should NEVER over withhold——
Is with holding involved with State Income Tax? I would not.
My thought would be that rather than send a tax payment, Iwould send a debit memo indicating that unpaid refunds have been charged for the current taxes due.
Anyone owed a refund and not getting it should file a federal lawsuit demanding it with interest. At the minimum they should be awarded their damages and get a writ to go take State property to pay the debt.
She knew what I was talking about from just that. So apparently their 'automatic adjustments' are now made to a LOT of Online Tax Filers that the State is 'broke'.
It's a lot easier to cheat Tax Payers out of a couple hundred bucks each instead of cutting spending or stop buying votes from minorities.
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