Most frequent question this tax season?
Actually, the state isn't issuing IOU's yet but, all tax refunds (for whatever purpose) have been suspended until March 1, 2009. And if the idiots in Sacramento happen to cobble a budget deal together it doesn't mean you're getting a refund right away neither. This state is dead broke and until O'Blama's bailout arrives or somebody barfs up some cash, it will remain dead broke.
Oh, and if you thought the legislature would do something sensible with the bailout money (like pay off some debt), they plan to dump it into the general fund so it can be spent today as if it were ordinary tax revenues.
Here's a Plan: Try sending Arnie an IOU scratched out on a piece of construction paper with a crayon and see how far you get.
What's Good for the Goose Regards,
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