All Commentary
Wednesday, June 2, 2010

States Delay Tax Refunds

“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