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After a several year's long battle with the IRS, during which time they
raided our bank accounts, jeopardized our credit rating, and unleashed
the state on us ( looking for its share of the spoils), we finally won
last year. Yes, we got our money back. We also got a check for
the
interest on the held funds (about 4% ).
So there you have it. The
best (relatively safe) return on your money today comes from getting
the Feds to errantly
seize your money, keep it for some time before proving they erred, and
get the bonus money. How's that for
cups
half filled ?
Unfortunately the state was more
recalcitrant. They forked over, but no interest from them,
and
no notice in the newspaper that they erred by (publicly) placing a
lien. But still ... .
You're welcome.
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You are the 4%! Better watch it. Warren All You Can Eat Buffet may complain that you get to keep too much of your money.
ReplyDeleteYou are so right. Four percent today is awesome. I keep getting requests from AMEX to join their "high yield" savings acount at .92%. To keep the government solvent and able to pay it's debt they have forced down interest and punished those who save.
ReplyDeleteThat is indeed a happy day, RKOF. Methinks a party is in order.
ReplyDeletemary