... because if you are scheduled to get a tax refund, it ain't comin'!
"
Death and taxes may be life's only certainties, but many taxpayers won't be able to count on a timely income tax refund this year, as struggling states impose delays on refund checks to help solve their budget crises.
As New York weighs a potential delay, two other cash-strapped states, North Carolina and Hawaii, have already announced they will put a hold on refunds until June and July, respectively, allowing them to retain funds longer and cover their budget shortfalls with hundreds of millions of dollars owed to individuals and businesses.
The move will allow Hawaii to reallocate the $275 million it saves in the short run to balancing its $721 million deficit. North Carolina's Department of Revenue, now in its second consecutive year of refund delays, said slow collection of taxes contributes to the delays -- and hurts an already $1 billion shortfall."
http://www.zerohedge.com/article/expecting-tax-refund-if-you-live-hawaii-or-north-carolina-and-soon-new-york-you-will-have-wa
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