Page 2 of 2 FirstFirst 12
Results 11 to 14 of 14

Thread: States may hold onto tax refunds for months

  1. #11
    Sage
    Erod's Avatar
    Join Date
    Aug 2008
    Location
    North Texas
    Last Seen
    Today @ 07:00 PM
    Lean
    Conservative
    Posts
    13,072

    Re: States may hold onto tax refunds for months

    Quote Originally Posted by hazlnut View Post
    17% -- how's that going to happen, prey tell?



    There is no State personal income tax in Texas... You live there, you should probably know that. If you're waiting for your state tax refund, it's gonna be a while...
    17% is 1/6th of the economy = healthcare.

    Imagine that. No state tax, and yet we still have a surplus of funds in Texas.

  2. #12
    Sage

    Mason66's Avatar
    Join Date
    Aug 2009
    Last Seen
    Today @ 08:07 PM
    Gender
    Lean
    Undisclosed
    Posts
    19,465

    Re: States may hold onto tax refunds for months

    Everybody should claim 10 deductions on their state form so no taxes are taken out then put it an interest bearing account and pay it in April.

    Don't give a no interest loan to the state with your hard earned money.

  3. #13
    Guru
    BWG's Avatar
    Join Date
    Jun 2005
    Location
    South Coast
    Last Seen
    12-04-17 @ 11:59 AM
    Gender
    Lean
    Undisclosed
    Posts
    3,203

    Re: States may hold onto tax refunds for months

    Quote Originally Posted by Erod
    Meanwhile, here in Texas, our economy is humming, our unemployment is down, and our budget is balanced.
    Some county and city agencies are facing layoffs in wake of budget shortfalls.

    Texas may not have a state income tax, but it does have one of the highest state sales tax rates.

    Read up on the structural deficit and thanks to the feds for bailing them out.
    Unfortunately, Texas is a low-tax state with a structural deficit. In 2006, the state made its structural deficit worse by pledging to pay for a local school property tax cut. The "hole" or uncovered cost of that tax cut is now almost $10 billion per biennium. To add to the state's woes, just before the legislative session began in 2009, the country went into a severe economic recession that substantially reduced state tax revenues. Fortunately, the federal government stepped in with Recovery Act funding.

    Building Texas: The 2010-2011 State Budget
    Billions of dollars in federal economic stimulus money let lawmakers traipse past tough decisions. But a similar federal bump isn't likely in 2011. And as school property tax cuts eat into the budget while business tax revenue keeps falling short, budget writers very well could have to slash in two years, especially if the recession lingers.

    Texas Senate approves $182.3 billion budget | News for Dallas, Texas | Dallas Morning News | Latest News

    Quote Originally Posted by Erod
    17% is 1/6th of the economy = healthcare.
    Another conservative myth.

    How is the government going to "take over" 1/6 of the economy? Are you saying that the government is going to "take over" all health care? Doctors, hospitals, pharmaceuticals, etc., etc.?
    Can you show where, in either the House or Senate bill, that the government is going to take over health care?
    “We just simply don’t know how to govern” - Rep. Steve Womack (R-AR) a member of the House Budget Committee

  4. #14
    Outer space potato man

    Join Date
    Feb 2010
    Last Seen
    Today @ 06:43 PM
    Gender
    Lean
    Undisclosed
    Posts
    51,828

    Re: States may hold onto tax refunds for months

    Quote Originally Posted by BWG View Post
    Some county and city agencies are facing layoffs in wake of budget shortfalls.

    Texas may not have a state income tax, but it does have one of the highest state sales tax rates.

    Read up on the structural deficit and thanks to the feds for bailing them out.






    Another conservative myth.

    How is the government going to "take over" 1/6 of the economy? Are you saying that the government is going to "take over" all health care? Doctors, hospitals, pharmaceuticals, etc., etc.?
    Can you show where, in either the House or Senate bill, that the government is going to take over health care?
    Yes, this is exactly the problem. Conservatives tell people this is a GOVERNMENT TAKEOVER of healthcare, they believe it, and then conservatives get to say "Hey look, 56% of Americans are against this bill!" Well, yeah, genius, they are against it because you lied to them about it.
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

Page 2 of 2 FirstFirst 12

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •