Word: refundability
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Safety Net. JetBlue is working hard to burnish its rep. The airline says it will refund the full cost of tickets purchased between now and June 1 if you subsequently lose your job. Just let the airline know 14 days before you're due to travel that you'll be needing that money to pay the rent, rather than pina coladas...
...course, a better option than getting laid off, not receiving our 2008 tax refund or being unable to drive through an abandoned highway repair project - the brutal realities of a state in freefall with no balanced budget. But it's still a bit of a shock. "The average Californian hasn't figured out exactly what this particular budget means for him or her yet," says Mark Baldassare, president and chief executive officer of the nonpartisan Public Policy Institute of California. "But they're going to feel it soon...
...Michael Grunwald's "One. Trillion. Dollars": Obama's economic plan is a huge gamble [Jan. 26]. But suppose each of us who is to receive the $500 tax refund vows to spend it only on products manufactured in the U.S. I have looked at the labels lately and acknowledge it could be a scavenger hunt. Yet this time, my husband and I have agreed to apply our refund toward ordering furniture we know will be made in Ohio. I think it would be an interesting experiment to see if there is any bump in American productivity if every...
...nonreturnable up-front fee for a book. If the book doesn't "earn out," in the industry parlance, the publisher simply eats the cost. Another example: publishers sell books to bookstores on a consignment system, which means the stores can return unsold books to publishers for a full refund. Publishers suck up the shipping costs both ways, plus the expense of printing and then pulping the merchandise. "They print way more than they know they can sell, to kind of create a buzz, and then they end up taking half those books back," says Sara Nelson, editor in chief...
...vendors, such as electrical-supply wholesalers, food-service companies and building- and grounds-maintenance firms, will be sent IOUs from the state government. Deductions for each dependent may drop from $309 to $103 on Californians' 2009 income tax forms. And, by the way, don't count on a tax refund showing up soon after you file in April - one of those IOUs may find its way to your mailbox instead, explaining that the refund may be delayed...