California Tax Shenanigans

Coyote Blog cracks me up. The state of California sent him a check as a refund for some taxes. He didn't apply for the refund or anything, they just sent him a check and he cashed it. A couple of months later, California realizes it made a mistake in sending the check, so not only do they ask for the money back, they charge him interest and penalties on the amount of the check (equaling a 97% implied APR). Lucky for him the check was for a negligible amount.