On Mon, 18 Apr 2005 08:54:06 -0500, "Wolfgang"
wrote:


"Wayne Knight" wrote in message
oups.com...

...Most folks do not get bonuses and stock options, getting a big refund
is their chance to make a big purchase and pay cash for it, or to pay
off bills accumulated from Christmas and other area lead to it. Even if
they received no interest on the money. They can not fanthom the
difference between letting ones employer over with hold income tax
payments vis a vis having the employer send the money to a savings
account on a periodic basis...

For many of us the difference between letting the feds hold it versus a bank
is inconseqential. At 1.25% or so, the yield on $500 is small enough that
even those of us with a connection to educational institutions can afford to
be blasé.

Wolfgang
who, nevertheless, balks at letting the *******s touch anything that isn't
due them.

I like my withholding to be on the high side. We get about 2K back
from the feds. If I had the money put into a savings acount it would
probably earning a whopping $20 or so over the year. By getting the
money back in February I can cover the higher costs that go with
winter here in the Lower Great White North i.e. heating and property
taxes.

g.c.