Many North Carolina taxpayers will soon experience a delay in the return of their income tax refunds, as the state holds on to the money a little longer during the tight budget times.
Ken Lay, the revenue secretary, said the move is necessary to make sure the state has enough cash on hand to pay its bills between now and the end of the June 30 fiscal year.
On the one hand, I'm due a tax refund. On the other, one of those bills is my paycheck.
