“Procrastination is no longer just for the taxpayers who wait until the last moment to file their tax returns. Thanks to the economic downturn, at least a half-dozen cash-poor states are now delaying their tax refund checks.” (New York Times, Tuesday)
One more reason to ditch automatic withholding!
FEE Timely Classic:
“Wartime Origins of Modern Income-Tax Withholding” by Robert Higgs