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Loaner

This is one of the scariest things I’ve ever seen. Cali is increasing withholdings by 10%. But it’s OK because it’s not a tax increase. See, they’re just borrowing money from you. And will pay it back. Oh and you don’t have a choice in the matter. After all, who would willingly loan money to an organization in the financial shape California is in?

8 Responses to “Loaner”

  1. ka Says:

    And don’t forget, it is a 0% interest loan.

  2. Ian Argent Says:

    Most likely to be paid back in scrip, to boot.

  3. workinwifdakids Says:

    If only there were a word to describe someone who “borrows” something without your permission…

  4. Tom Says:

    I seem to remember California was issuing IOUs for refunds. Quick Google got me this

    http://turbotax.intuit.com/support/kb/state-taxes/state-issues/7541.html

    So how come nobody is screaming about that when coupled with increasing the withholding?

  5. Ian Argent Says:

    I gotta get me some tar futures

  6. DirtCrashr Says:

    We’re a test-case for the rest of you guys…

  7. Phelps Says:

    Yup, the IOUs will go out April 16th.

  8. Wanda Says:

    Jay Leno held a bake sale for California. Maybe it’s time to hold a car wash?

Remember, I do this to entertain me, not you.

Uncle Pays the Bills


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