California is out of money, so they are "delaying" tax refunds to their citizens. They will be issued IOU's. Funny thing is, my boss still has his unfulfilled IOU's from 1993.
Californians, your money has been stolen from you. You've paid more to the state than you had to, and now you're not getting it back.
This is what happens when you're communist-at-heart.
Any bets on how long it will be until the federal government is in the same position?
Friday, January 16, 2009
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I give it a couple months for the feds to hit the wall. The German government's bond auction failed yesterday. The end is near.
ReplyDeleteThis was the last tax refund, they'll raise taxes enough to prevent those from ever happening again.