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  #21  
Old 02-04-2013, 12:33 PM
maxpower220 maxpower220 is offline
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Originally Posted by Tristarboarder View Post
What a lot of people do not understand is that the Government is receiving what is essentially a "tax-free" loan by taking out certain percentages out of everyone's paycheck. Of course they always usually (for those of us in a normal tax bracket) over borrow, hence the return of overpayment at the end of the year. What a racket...the gov gets to "borrow" from its tax payers, not pay any interest, and then they pull stuff like that, stating they are not ready to accept returns for certain "unique" situations.....lame
Don't worry, there are still people like me that have the minimum taken out of their check and always "owe" the govt in April.

Like a good citizen, I wait until the last day to pay.
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  #22  
Old 02-04-2013, 01:07 PM
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shepherd shepherd is offline
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Originally Posted by maxpower220 View Post
Don't worry, there are still people like me that have the minimum taken out of their check and always "owe" the govt in April.

Like a good citizen, I wait until the last day to pay.
Same here. I've known a few folks who like the idea of getting "too much" taken out during the year so they will get a nice tax refund. My way, I get an "interest free loan" from the government instead of giving it one.

Just like a credit card. Why pay cash or debit when I can get an interest free loan from the credit card company (and bonus miles) every time a buy something? This works great as long as you pay off the balance every month.
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  #23  
Old 02-04-2013, 01:08 PM
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shepherd shepherd is offline
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