Allman Analysis: Missouri Auditor Finds Taxpayer Waste In Late Tax Refunds
ST. LOUIS —
Here's a doozy: the State of Missouri is low on cash, so when it has to delay paying income tax refunds, which racks up more taxpayer waste in interest payments. That's according to the latest revealing audit from the office of Nicole Galloway, the Missouri State Auditor.
Galloway talked to The Allman Report about the audit, and she blasted the state government for wasting taxpayer money and confirmed that the system is currently set up to give government every advantage over the taxpayers/citizens. After Jamie pointed out that government doesn't have to follow the same rules of budgeting and saving that we do, she added that while we are given no grace period on deadlines, and interest penalties against us are very punitive, government gets more time to delay, and its interest penalties are a small fraction of ours.
Galloway says she plans to challenge that, pushing for changes to Missouri law to even the playing field between the taxpayers and the government.