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Tax Refund Plans

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shmokes:

--- Quote from: pinballjim on April 08, 2010, 02:36:24 pm ---
Why wait until April to eat steak?


--- End quote ---

Because $333 gets you steak and videogames and movies, while $8k takes you to Europe or pays off a giant chunk of debt or replaces every component in your home theater.  It may seem silly to use the government as an interest-free piggy bank, but as already mentioned, the amount of interest is pretty negligible, and there's something to be said for putting your piggy bank on a shelf that's out of reach.

pointdablame:

--- Quote from: shmokes on April 10, 2010, 08:55:59 pm ---
--- Quote from: pinballjim on April 08, 2010, 02:36:24 pm ---
Why wait until April to eat steak?


--- End quote ---

Because $333 gets you steak and videogames and movies, while $8k takes you to Europe or pays off a giant chunk of debt or replaces every component in your home theater.  It may seem silly to use the government as an interest-free piggy bank, but as already mentioned, the amount of interest is pretty negligible, and there's something to be said for putting your piggy bank on a shelf that's out of reach.

--- End quote ---

True, but there's something to be said for having some self control too. 

My tax return wasn't very large this year, but it'll be going towards a set of new wheels for my car.  Just need to pick some tires now....

shmokes:
Agreed.  I'd argue, though, that withholding extra is a form of self control.  It's clearly not ideal.  But it's better than nothing (depending on your goals).

crashwg:
Why is it that so many people wait this long to file their taxes?  I had my refund the first week in February!

shmokes:
Not to mention that people are just busy with other ---steaming pile of meadow muffin--- and taxes aren't due until mid-April.

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