Today a little bird tweeted the negative waves that Denny Hoskins (r) posted about Governor Jay Nixon on Twitter:
Getting calls from CPAs wondering when their tax clients will get their MO tax refunds. I tell them as soon as Gov. Nixon releases the funds about 1 hour ago from web
My understanding is Gov. Nixon can hold onto the taxpayers refunds until Aug. 15 without paying the taxpayers any interest on their refunds. about 1 hour ago from web
What Denny Hoskins (r – noun, verb, CPA) neglected to point out was that the cash flow problem is structural (and a consequence of the budget actions of the Missouri General Assembly) and George “dubya” Bush’s depression:
May 8, 2009 …That’s because Nixon’s office is withholding refund checks of at least that amount from Missouri taxpayers in order to keep sending payments to schools, issue payroll to more than 58,000 state employees and fund welfare entitlement programs.
“Sometimes we have to hold those up to make sure we have enough cash on hand,” state budget director Linda Luebbering said of tax returns.
Another reason for the delay is the state Department of Revenue went from 300 temporary workers to process tax return claims last year to 127 this year as a cost savings to the state budget, Luebbering said…
…Since Nixon took office, his administration has been managing a daily cash flow crisis.
In late January, Nixon slashed $261 million from the 2009 fiscal year budget, which ends June 30. But his administration has been forced to borrow and do other accounting procedures to keep the state afloat and meet budget obligations…
Standard republican operating procedure – Denny would rather heap blame on Governor Jay Nixon for something out of his control, than come up with a solution that is “righteous and hopeful for a change”.