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Reply #9: I already did it [View All]

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hfojvt Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-08-11 12:45 PM
Response to Reply #1
9. I already did it
but I did it as a zero percent loan, which should have helped some. Any taxpayer can do it. Instead of getting a refund, you apply the refund to next year's taxes. I figured it was better than having the government borrow $600 from China so they could send me a check which I would put in my savings account and earn a whole .5% interest.

But I called the loan after Obama caved on the Bush tax cuts.

$600 of course makes almost no difference, but if 10,000,000 people did it it would be $6 billion. Still a very small drop in a very large bucket, but every little bit helps. If the government is borrowing money at 1% they would save $60 million in interest charges.
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