Posted by Jiles on December 31, 2011 at 12:52:04 from (68.62.164.204):
I had a discussion about income tax, with my three sons. Their thought are different from mine in that they like to receive a tax refund.., as do many people--the majority I guess.
Although I am long retired, I felt I was better off to pay as little taxes as possible and end up paying what I owed when fileing tax returns.
My thoughts were---why should I pay too much and let the government use my money INTEREST FREE :!: :?:
Ever wonder why most people receive their returns on a Saturday---gov. can get a couple of extra days interest free use :!:
Of course it's nice to have the refund to spend on what you want, but why not just put a little money into a special account like a Christmas Fund :?: and draw a little interest :!:
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