Lots of Americans, me included, enjoy getting those tax refund checks from the government every spring. But this story from California points out a danger . . . what happens if the government spends the money that you overwithhold (i.e. lend it interest-free) and can't pay you back?
Wednesday, January 28, 2009
Why not overwithhold?
Lots of Americans, me included, enjoy getting those tax refund checks from the government every spring. But this story from California points out a danger . . . what happens if the government spends the money that you overwithhold (i.e. lend it interest-free) and can't pay you back?
Labels:
Economics,
National News,
Taxes
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