So, we’ve had some responses to Connecticut’s surprise decision to have Chase issue debit cards instead of cutting checks for state tax refunds. None have been positive.
There are ways to avoid this next year:
Go to your lawmaker and demand a change.
Sign up for direct deposit.
Claim more deductions so you won’t be owed money, though you will probably then, owe money. (Careful with this strategy, accountants note those who do this must be very disciplined and save money in anticipation of paying taxes when filing)
And finally, move.
Financial Mines
News and notes from the business reporters for the Connecticut Media Group.
I received the card even though I had no refund. There was a $1 balance on the card. How is it possible that the state is saving money when there was no reason to send the card in the first place? Another example of government waste through lack of oversight.