U.S. Sen. Benjamin L. Cardin (D - MD)

Number of Questions Asked: 1
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  • 52
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    Over withhold on your taxes & you can get an interest free refund and that's like giving the government an interest free loan. Why, if you under withhold, pay up any balance due when you file on time-- you will still be charged interest on the amount under withheld? Note, Maryland's interest rate is about twice that of the IRS rate-- why?

    Asked 19 weeks 5 days ago of U.S. Sen. Benjamin L. Cardin (D-MD)
    by Lou R. from Tracys Landing, MD

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  • 52
    votes

    Over withhold on your taxes & you can get an interest free refund and that's like giving the government an interest free loan. Why, if you under withhold, pay up any balance due when you file on time-- you will still be charged interest on the amount under withheld? Note, Maryland's interest rate is about twice that of the IRS rate-- why?

    Asked 19 weeks 5 days ago of U.S. Sen. Benjamin L. Cardin (D-MD)
    by Lou R. from Tracys Landing, MD

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