Tax Refund Quotes

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You know if the U.S. Government wanted to boost the economy there's a simple solution make Black Friday the refund date for your state and federal taxes
Stanley Victor Paskavich (Return to Stantasyland)
When you really want something, when you lust, seek, desire, await, anticipate or expect, when you sit in front of the TV after the late news twirling a plastic spoon in a bowl of lukewarm skim milk and saturated puffs of Special K, praying for nine or so hours to pass so that you can check the morning mail to see if the college accepted, the one-night stand wrote, the tax refund arrived or Publisher's Clearing House made you the winner of a dream house in Wisconsin, when you're really looking forward to something, that's when Fortuna dispatches a couple of her handmaidens to drop a load of shit on you.
Martin Clark (The Many Aspects of Mobile Home Living)
Death and taxes in life are certain, knowing how to pay only your fair share is third.
Yvette D. Best (Maximizing Your Tax Refund: 35 Sure-Fire Ways to Get More from Your Return NOW!)
Many people today think that the Tea Act—which led to the Boston Tea Party—was simply an increase in the taxes on tea paid by the American colonists. That's where the whole "Taxation Without Representation" meme came from. Instead, the purpose of the Tea Act was to give the East India Company full and unlimited access to the American tea trade and to exempt the company from having to pay taxes to Britain on tea exported to the American colonies. It even gave the company a tax refund on millions of pounds of tea that it was unable to sell and holding in inventory. In other words, the Tea Act was the largest corporate tax break in the history of the world.
Thom Hartmann (The Crash of 2016: The Plot to Destroy America--and What We Can Do to Stop It)
I wanted to tell her that undocumented people couldn’t receive food benefits or tax refunds, even though they paid taxes. They couldn’t receive any government benefits at all. Those were available only for people who were born here or who had obtained the documents to stay. So those children, whose parents had risked so much to give them a good life, were citizens who deserved every bit as much government help as my daughter did.
Stephanie Land (Maid: Hard Work, Low Pay, and a Mother's Will to Survive)
The evidence suggests that when people get a windfall—and this seems to be the way people think about their tax refund, despite it being expected—they tend to save a larger proportion from it than they do from regular income, especially if the windfall is sizable.
Richard H. Thaler (Misbehaving: The Making of Behavioral Economics)
Sloan & Dex... “You skipped puberty didn’t you?” Dex let out a wistful sigh. “It wasn’t for me.” Sloane laughed as he carried Dex out of the room. “You’re hopeless.” “I’m also nonrefundable.” “Surely there’s a return policy.” “Forget it. You’re way past the thirty-day refund period. You’re stuck with me now. And before you ask, I’m also nontransferable and nonexchangeable. If you donate me to charity there’s no tax write-off because technically that would be considered Human trafficking.” “Wow. You’ve got your bases covered.” “You bet. Should have paid more attention to the Dexter J. Daley boyfriend agreement.” Sloane dropped him onto the counter and stepped between his legs to pull him close. “I don’t recall this boyfriend agreement.” “You might have been sleeping at the time, but sleep during the reading of the DJDBA is covered in the fine print. As long as you have a pulse, you’re considered present and accounted for.” “Duly noted.
Charlie Cochet (Rack & Ruin (THIRDS, #3))
I wanted to tell Donna that it wasn’t her business what that family bought or ate or wore and that I hated when cashiers at the supermarket said, “On your EBT?” loud enough for people in line behind me to hear. I wanted to tell her that undocumented people couldn’t receive food benefits or tax refunds, even though they paid taxes. They couldn’t receive any government benefits at all. Those were available only for people who were born here or who had obtained the documents to stay. So those children, whose parents had risked so much to give them a good life, were citizens who deserved every bit as much government help as my daughter did. I knew this because I’d sat beside them in countless government offices. I overheard their conversations with caseworkers sitting behind glass, failing to communicate through a language barrier. But these attitudes that immigrants came here to steal our resources were spreading, and the stigmas resembled those facing anyone who relied on government assistance to survive. Anyone who used food stamps didn’t work hard enough or made bad decisions to put them in that lower-class place. It was like people thought it was on purpose and that we cheated the system, stealing the money they paid toward taxes to rob the government of funds. More than ever, it seemed, taxpayers—including my client—thought their money subsidized food for lazy poor people.
Stephanie Land (Maid)
Although the 1996 welfare reform pushed millions of low-income single moms into the workforce, it did nothing to improve the conditions of low-wage jobs. In fact, if anything, economic theory (and plain old common sense) might support the opposite conclusion: although we can’t know for sure, it stands to reason that by moving millions of unskilled single mothers into the labor force starting in the mid-1990s, welfare reform and the expansion of the EITC and other refundable tax credits may have actually played a role in diminishing the quality of the average low-wage job in America. As unskilled single mothers flooded into the workforce at unprecedented rates, they greatly increased the pool of workers available to low-wage employers. When more people compete for the same jobs, wages usually fall relative to what they would have been otherwise. Employers can also demand more of their employees. What
Kathryn J. Edin ($2.00 A Day: Living on Almost Nothing in America)
By seeing what triggers procrastination, and then making a plan to flip those triggers, doing your taxes becomes attractive. If I found myself putting off doing my taxes, I might sit down and make a plan to changes those triggers. For example, if the trigger is: • Boring: I go to my favorite café for an afternoon on Saturday to do my taxes over a fancy drink while doing some people watching. • Frustrating: I bring a book to the same café, and set a timer on my phone to limit myself to working on my taxes for thirty minutes—and only work for longer if I’m on a roll and feel like going on. • Difficult: I research the tax process to see what steps I need to follow, and what paperwork I need to gather. And I visit the café during my Biological Prime Time, when I’ll naturally have more energy. • Unstructured or Ambiguous: I make a detailed plan from my research that has the very next steps I need to take to do them. • Lacking in Personal Meaning: If I expect to get a refund, think about how much money I will get back, and make a list of the meaningful things I’ll spend that money on. • Lacking in Intrinsic Rewards: For every fifteen minutes I spend on my taxes, I set aside $2.50 to treat myself or reward myself in some meaningful way for reaching milestones.
Chris Bailey (The Productivity Project: Accomplishing More by Managing Your Time, Attention, and Energy)
Being single can be confusing. On the one hand you sometimes yearn for the simple comfort of companionship; someone to discuss your day with, someone with whom you can celebrate a raise or tax refund, someone who’ll commiserate when you’re down with a cold. On the other hand, once you get used to being alone (in other words, having everything your way), you have to wonder why you’d ever take on the aggravation of a relationship. Other human beings have all these hotly held opinions, habits, and mannerisms, not to mention mood disorders, food preferences, passions, hobbies, allergies, emotional fixations and attitudes that in no way coincide with the correct ones, namely yours.
Sue Grafton
Child-care tax credits for all families. Federal child-care tax credits are available to all families. The principal tax credit is the Child and Dependent Care Tax Credit. But credits can be claimed only if an individual owes taxes, and poor Americans generally do not. Only if a tax benefit is refundable—meaning it can be paid out to a recipient with or without a tax payment to the Internal Revenue Service (IRS)—do the poor reap any gain. The child-care tax credit is nonrefundable, so more than 60 percent of child-care tax credits go to the richest 40 percent of families.49
Edward Alden (How America Stacks Up: Economic Competitiveness and U.S. Policy)
How much does this thing cost?” Travis says, walking closer to it. Honestly, Travis is always like this. A negative nelly is what my mother would call him. He always has to ask the questions that nobody wants to answer because it ruins all the fun. “Well, that’s a hard question. Are you talking about the rental price or the price of all the smiles on everyone’s faces as they are having the time of their lives?” “The rental price.” “Well, here’s the thing−” I start, but he holds his hand up and looks to Tina. “$1599.00 plus deposit and taxes,” she says. “WHAT?” Travis exclaims. “No way! Forget it. This is a veto.” “You can’t use a veto for this!” I argue. “Well, I just did,” he says, shrugging. I can see he has already put the idea out of his mind, which is completely ridiculous. I mean, I know it is pretty expensive, but then I think of all the fun memories everyone will make together− and can you really put a price on that? “Travis, you’re not seeing the bigger picture here!” I argue. “We said a small party. A couple of friends, some food and wine. This,” he says, pointing to the obstacle course, “is not small.” “Who wants small for a thirtieth birthday party? I mean, you only turn thirty once−” From the look on Travis’ face I decide to switch tactics. “What about if we charge people?” “You’re crazy,” he says. “Not our guests, but the neighbours and stuff. Kind of like a carnival.” Actually, I just thought of that idea right here and now, but it’s not a bad one. Plus, it might be easier to have the neighbours agree to have it on the street if I let them join in the fun. “Or we could just stick to the regular plan,” Travis says and turns to Tina. “I’m sorry we wasted your time.” I already know the next part of this conversation is not going to go well. “I kind of already put the deposit down,” I say, trying to get an imaginary piece of dirt off my sweater. No one says anything and I am starting to feel pretty sorry for Tina because she looks beyond uncomfortable with the conversation. “What kind of deposit?” Travis says in a low tone. “The non-refundable kind,” I say, biting my lip. “How much was the deposit?” he asks, looking from me to Tina. Tina’s eyes are wide and she looks to me desperately, asking me to rescue her from this awkwardness. Honestly, if anyone needs a life jacket right now− it’s me. “Nimfy perfin,” I mumble. “What?” “Ninety percent,” I say, meeting his eyes. “The remaining ten percent is due on delivery.” “You really are crazy,” he says, shaking his head. “I don’t know what you are getting all worked up about,” I say. “I’m paying for it!” “Etty, this… thing… is your rent for the month!” “I’ll take extra shifts,” I say, shrugging. “I wanted to make sure Scott’s day was really special.” “It’s going to be special because he’s with his friends and family. You don’t need to do these things.” “Yes, I do!” I say. “It’s how I show people that I care about them.” “Write them a nice card,” Travis says slowly. “I knew you wouldn’t understand. You’re always the storm cloud that rains on my parade!” “No, I’m the voice of reason in a land of eternal sunshine and daisies,” he says, and turns to Tina. “Is there any way we can get her deposit back?” Tina is now fidgeting with her skirt. “No, I’m sorry, but−” “Don’t worry Tina, I don’t want my deposit back. What I want is my brother to have the best day ever with his friends and family on a hundred foot inflatable obstacle course,” I narrow my eyes at Travis while lifting my purse further up my shoulder. “Now, if you will excuse me, I have to go and start my first of twenty overtime shifts to pay for the best day of all of our lives.
Emily Harper (My Sort-of, Kind-of Hero)
We analyzed the ten tech companies worth over a billion dollars that went public in 2014 and 2015, and the average company spent a jaw-dropping $0.72 on sales and marketing for every $1.00 of sales during the three-year hypergrowth period before going public. As a matter of fact, one of the companies, Box, spent $1.59 for every $1.00 in sales! You’re probably wondering, how does a company like Box justify spending more money on sales and marketing than they generate in sales? The answer is “customer lifetime value.” Once Box mathematically proved that they could acquire a customer for less than the lifetime value (LTV) of that customer, they raised a war chest of investment capital and didn’t care if they spent more on sales and marketing than they generated in annual sales, because they knew that they would generate a big return in the long run. You probably don’t have access to a massive war chest of investment capital, but that doesn’t mean you are unable to invest more resources on growth. Instead of benchmarking your growth investment against customer lifetime value, benchmark against your bottom-line profits. Here is a list of financial scenarios and corresponding actions: If you desire growth and have a profitable business, operate at a break-even point and reinvest the profit, or a portion of the profit, back into growth. If you are running a break-even or unprofitable business, spend some time going through your expenditures looking for redundancies or unnecessary expenses. If you cannot find any opportunities to save money, prepare yourself to take a temporary pay cut (you can time this around your tax refund or right after your busy period if your business has seasonality). If you are unable to take a temporary pay cut, prepare yourself to work some extra hours (start by batching activities so you can spend a day per week working from home, and use the time you save when not having a work commute to invest in growth). If you are unable to take a temporary pay cut AND unable to work any extra hours, then read the paragraph below.
Raymond Fong (Growth Hacking: Silicon Valley's Best Kept Secret)
Mellon found himself accused of corruption, of granting illegal tax refunds to companies in which he had an interest,
Liaquat Ahamed (Lords of Finance: The Bankers Who Broke the World)
The tobacco settlement money went to lawyers and to governments, which effectively turned the money into a tax and then spent it on state bureaucracy. Regular folk did not receive any tax refund checks, nor did we see lower health insurance premiums, but we did pay more for everyday products not related to smoking. This means we are, in effect, paying billions of dollars in additional tax besides the billions in legal fees because of the tobacco settlement, as well as funding the next legal campaign to collect another large pay-day in contingency fees. It is very interesting to note during the tobacco suit that, while claiming various individuals were being victimized, or medical costs were mounting from misleading advertising or dishonest business practices, it was lawyers and governments, not the people nor their insurance companies, that collected all the loot. This the type of litigation did nothing to improve your life and it raised your cost of living.
Howard Nemerov (Four Hundred Years of Gun Control: Why Isn't It Working?)
Buy it.” This is my sister Amy’s advice in regard to everything, from a taxidermied horse head to a camouflage thong. “Just get it,” she says. “You’ll feel better.” Eye something closely or pick it up for further inspection, and she’ll move in to justify the cost. “It’s not really that expensive, and, besides, won’t you be getting a tax refund? Go on. Treat yourself.
David Sedaris (When You Are Engulfed in Flames)
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DESI ACCOUNTANT
U.S. Appeals Court Judge Learned Hand once observed, “There are two systems of taxation in our country—one for the informed and one for the uninformed.” I agree. When it comes to taxes, there are two kinds of people: consumers and investors. One group avoids planning for taxes, and the other plans for avoiding taxes. One sees doing their taxes as a painful chore that costs them money, and the other views their tax work as a necessary task that saves them money. Consumers think of tax refunds as found money they didn’t have. Investors see tax refunds as evidence of money they overpaid. When you connect tax work to the money you save versus the money you pay, thinking about and working on your taxes cease being so painful. It’s still work, but it doesn’t have to be your work. Accountants will do it for you, because they’re the only ones who think tax work is fun. In
Gary Keller (The Millionaire Real Estate Investor)
I’m also nonrefundable.” “Surely there’s a return policy.” “Forget it. You’re way past the thirty-day refund period. You’re stuck with me now. And before you ask, I’m also nontransferable and nonexchangeable. If you donate me to charity there’s no tax write-off because technically that would be considered Human trafficking.” “Wow. You’ve got your bases covered.” “You bet. Should have paid more attention to the Dexter J. Daley boyfriend agreement.” Sloane dropped him onto the counter and stepped between his legs to pull him close. “I don’t recall this boyfriend agreement.” “You might have been sleeping at the time, but sleep during the reading of the DJDBA is covered in the fine print. As long as you have a pulse, you’re considered present and accounted for.” “Duly
Charlie Cochet (Rack & Ruin (THIRDS, #3))
back and sat down. Webster said, “What do you want to see in there?” Whit rubbed his hand over the back of his neck and winced. He hadn’t eaten for ten hours, his head ached, his back hurt, and the long exposure to the sun had left him feeling washed out. He said, “MacLeod was working on a claim for refund of half a million
David Dodge (Death and Taxes (Whit Whitney #1))
The notion of mental accounts is absent in traditional economic theory, which holds that wealth in general, and money in particular, should be fungible: That is, $100 in roulette winnings, $100 in salary, and a $100 tax refund should have the same significance and value to you, since each C-note could buy the same number of downloads from iTunes or the same number of burgers at McDonald’s. Likewise, $100 kept under the mattress should invoke the same feelings or sense of wealth as $100 in a bank account or $100 in U.S. Treasury securities (ignoring the fact that money in the bank, or in T-bills, is safer than cash under the bed). If money and wealth are fungible, there should be no difference in the way we spend gambling winnings or salary.
Gary Belsky (Why Smart People Make Big Money Mistakes and How to Correct Them: Lessons from the Life-Changing Science of Behavioral Economics)
You don’t make a connection when you stop to help someone who has dropped something in the street and ten minutes later you get a parking space right outside the supermarket door. You don’t make a connection when you happily help your child with their homework and the next day you receive news that your tax refund will be bigger than you thought. You don’t make a connection when you do a favor for a friend and, that same week, your boss gives you two complimentary tickets to a sports game. In every circumstance and moment of your life you are receiving what you have given, whether you make the connection or not.
Rhonda Byrne (The Power)
Once again, a single sentence would hold the key. I found it in The Economic Status of Black Women: An Exploratory Investigation, a 1990 staff report of the U.S. Commission on Civil Rights: On average married black women contribute 40 percent to household income compared with only 29 percent for white women.° Simply put, all wives did not contribute to their households in the same way: Black women were likely to earn as much (or more) money as their husbands, while white women were likely to earn much less. This was certainly true in the case of my parents (whose income was more or less equal most years). But the joint tax return system, under which most married couples file their taxes together, offers the greatest benefits to households where one spouse contributes much less than the other to household income. That meant couples like my parents-my hardworking, home-owning, God-fearing parents, who wanted to earn a little bit more to enjoy their lives after raising two daughters-weren't getting those breaks. My parents' tax bill was so high because they were married to each other. Marriage-which many conservatives assure us is the road out of black poverty -is in fact making black couples poorer. And because the IRS does not publish statistics by race, we would never know. It's long been understood that blacks and whites live in separate and unequal worlds that shape whom we marry, where we buy a home, whom we have as neighbors, and how we build a future for our children. Race affects where we go to college and how we pay for it. Race influences where we work and how much we are paid. What my research showed was that all of this also determines how much we pay in taxes. Taxpayers bring their racial identities to their tax returns. As in so many parts of American life, being black is more likely to hurt and being white is more likely to help. The implications of this go far beyond the forms you file every April. In the long run, tax policy affects whether and how you'll be able to build wealth. If you're eligible for tax breaks, you either pay less in taxes throughout the year or receive a larger refund in the spring. If, like my parents, you're considered ineligible for a particular tax break, you never see that money. One missed tax break may not sound like much, but those dollars not given to Uncle Sam can be put into your bank account, invested in stocks or property, or used to build home equity through improvements or repairs every year. Think of that money as an annual pay raise – but if you do not get it, you cannot save it. Over time those dollars, or the lack of them, add up to increased or depleted wealth.
Dorothy Brown (The Whiteness of Weatlh)
Or you can even carry back a loss from the current year to a prior year, use the loss to offset the prior year’s income, and get a refund now.
Tom Wheelwright (Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes)
There are two primary versions of tax credits. The first is a refundable credit. You can receive this credit even if you don’t have any taxes due in the first place.
Tom Wheelwright (Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes)
Once again, a single sentence would hold the key. I found it in The Economic Status of Black Women: An Exploratory Investigation, a 1990 staff report of the U.S. Commission on Civil Rights: On average married black women contribute 40 percent to household income compared with only 29 percent for white women.° Simply put, all wives did not contribute to their households in the same way: Black women were likely to earn as much (or more) money as their husbands, while white women were likely to earn much less. This was certainly true in the case of my parents (whose income was more or less equal most years). But the joint tax return system, under which most married couples file their taxes together, offers the greatest benefits to households where one spouse contributes much less than the other to household income. That meant couples like my parents-my hardworking, home-owning, God-fearing parents, who wanted to earn a little bit more to enjoy their lives after raising two daughters-weren't getting those breaks. My parents' tax bill was so high because they were married to each other. Marriage-which many conservatives assure us is the road out of black poverty -is in fact making black couples poorer. And because the IRS does not publish statistics by race, we would never know. It's long been understood that blacks and whites live in separate and unequal worlds that shape whom we marry, where we buy a home, whom we have as neighbors, and how we build a future for our children. Race affects where we go to college and how we pay for it. Race influences where we work and how much we are paid. What my research showed was that all of this also determines how much we pay in taxes. Taxpayers bring their racial identities to their tax returns. As in so many parts of American life, being black is more likely to hurt and being white is more likely to help. The implications of this go far beyond the forms you file every April. In the long run, tax policy affects whether and how you'll be able to build wealth. If you're eligible for tax breaks, you either pay less in taxes throughout the year or receive a larger refund in the spring. If, like my parents, you're considered ineligible for a particular tax break, you never see that money. One missed tax break may not sound like much, but those dollars not given to Uncle Sam can be put into your bank account, invested in stocks or property, or used to build home equity through improvements or repairs every year. Think of that money as an annual pay raise – but if you do not get it, you cannot save it. Over time those dollars, or the lack of them, add up to increased or depleted wealth
Dorothy A. Brown (The Whiteness of Wealth: How the Tax System Impoverishes Black Americans—And How We Can Fix It)
Internal Revenue Service: “If you determined your tax in the earlier year by using the Schedule D Tax Worksheet, or the Qualified Dividends and Capital Gain Tax Worksheet, and you receive a refund in 2016 of a deduction claimed in that year, you will have to recompute your tax for the earlier year to determine if the recovery must be included in your income.
T.R. Reid (A Fine Mess: A Global Quest for a Simpler, Fairer, and More Efficient Tax System)
After gaming out various scenarios, I sent Joe up to Capitol Hill to negotiate with McConnell. We would support a two-year extension of all the Bush tax cuts—but only if Republicans agreed to extend emergency unemployment benefits, the Recovery Act’s lower- to middle-class tax credit (Making Work Pay), and another package of refundable tax credits benefiting the working poor for an equivalent period. McConnell immediately balked. Having previously declared that “the single most important thing we want to achieve is for President Obama to be a one-term president,” he was apparently loath to let me claim that I’d cut taxes for the majority of Americans without Republicans having forced me to do it. I couldn’t say I was surprised; one of the reasons I’d chosen Joe to act as an intermediary—in addition to his Senate experience and legislative acumen—was my awareness that in McConnell’s mind, negotiations with the vice president didn’t inflame the Republican base in quite the same way that any appearance of cooperating with (Black, Muslim socialist) Obama was bound to do.
Barack Obama (A Promised Land)
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Expedia refund policy
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Poul Anderson
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KLM Aerocarto N.V. (klm's motoring guide to europe)
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In 2003, the U.S. Center for Economic and Policy Research proposed something called the “Artistic Freedom Voucher,” which urged the federal government to dedicate $20 billion dollars to a fund that would give each taxpayer a $100 voucher in the form of a refundable tax credit, which they could voluntarily choose to allocate to a musician or group.
Liz Pelly (Mood Machine: The Rise of Spotify and the Costs of the Perfect Playlist)