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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

    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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