Articles tagged with: I.O.U.
Economic Impact, Featured »
I caught up with a friend of mine from California and we talked about the state of the economy over in the US. He said he’d been offered an IOU instead of a tax refund earlier this year. I was amazed at his story!
But yes, the state of California is so hard pressed for cash -that it has had to delay paying taxation rebates to residents. I wonder what would happen if my friend decided that he couldnt afford to pay his taxes. Could he issue the state with an …
