Thursday, April 15, 2010

Tax Day Cometh

From an email:


"With tax day approaching, Americans across the country will be gathering to protest what some see as excessive government spending and taxation.  I applaud people who engage in public action like this, but I believe there are more direct ways we can change the way our government spends.  We can directly impact the amount of money our government has to work with a number of small and easy steps:
 
-Gift cards.  Some state governments actually claim unused gift cards as abandoned property. More than $8 billion worth of gift cards will go unused in 2010.  Consumers who do not use their gift cards can trade them on sites like www.upyourcard.com.
 
-IRS tax refunds.  In 2008, the IRS was unable to send out over $123 million in refunds because of incorrect addresses.  Ensuring correct addresses is an easy step, as is contacting the IRS. http://www.irs.gov/individuals/article/0,,id=96596,00.html
 
-US Savings bonds.  Unclaimed matured US Savings Bonds total $16 billion.  Owners and family members of deceased owners can initiate a search to reclaim these bonds.  Owners can use the Treasury Department’s Treasury Hunt.  http://www.treasurydirect.gov/indiv/tools/tools_treasuryhunt.htm
 
These are all simple, legal steps that we can take to slowly reel overspending back in.  Maybe it won’t make a huge dent, but it can be a start."


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