Thread: Thanks Barry.
View Single Post
Old 01-30-2013, 10:49   #25
Dennis in MA
Get off my lawn
Dennis in MA's Avatar
Join Date: Aug 2001
Location: Taunton, MA
Posts: 58,436
Originally Posted by John_NJ View Post
You are smart to break even on your tax bill. Why give the government a free loan each year?

Posted using Outdoor Hub Campfire
Depends. At a 6% CD rate and a 5% savings acct rate (remember those days?) I'd agree with you.

At 0.25% rate, $5K in a refund means $6.25 in "lost interest." It may not be worth the while.

(FWIW - I almost ALWAYS owe.)
The truth is you're the weak. And I'm the tyranny of evil men. But I'm tryin', Ringo. I'm tryin' real hard to be the shepherd.
Dennis in MA is offline   Reply With Quote