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Intuit Will Sell Off Quicken

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Re: Intuit Will Sell Off Quicken

#3
Doesn't say in the article but I assume they are keeping Mint? Desktop apps like Quicken (and the similar Microsoft Money) were dead to me the minute that came on the scene (almost 9 years ago at this point).

Re: Intuit Will Sell Off Quicken

#4
post #3

Doesn't say in the article but I assume they are keeping Mint? Desktop apps like Quicken (and the similar Microsoft Money) were dead to me the minute that came on the scene (almost 9 years ago at this point).

I'm a happy user of many web-based services, but why would anyone give all their personal financial data to single company? Ok, the success of Mint proves me wrong, I just don't get it.

It's not only that they can use your data to build and sell a profile, there is a realistic chance that the data gets leaked.

Re: Intuit Will Sell Off Quicken

#5
post #3

Doesn't say in the article but I assume they are keeping Mint? Desktop apps like Quicken (and the similar Microsoft Money) were dead to me the minute that came on the scene (almost 9 years ago at this point).

I'm a happy user of many web-based services, but why would anyone give all their personal financial data to single company? Ok, the success of Mint proves me wrong, I just don't get it. It's not only that they can use your data to build and sell a profile, there is a realistic chance that the data gets leaked.

wesabe[0] can supposedly by run on your own server; not sure if there are any forks that are useful/updated, and have never tried it myself.

I'm with you. Can't figure out how millions of people just give away every piece of information about themselves with hardly a second thought (financial data -> mint; phonebook -> whatsapp=facebook; mail -> gmail=google; etc.)

[0] https://github.com/wesabe

Re: Intuit Will Sell Off Quicken

#7

Looks like they are not worried about taxes ever becoming simpler. Intuit has spent about $11.5 million on federal lobbying in the past few years to kill bills that would have simplified taxes. [1] [1] http://www.propublica.org/article/how-the-maker-of-turbotax-...

If $2.3MM/yr over 5 years is enough to reshape the trajectory of fundamental laws in this country, why aren't people just Kickstarter-ing cannabis decriminalization, marriage equality, and copyright law changes?

My point is: that's not a lot of money. Not that I think you can get important changes done for $2.3MM.

There is real conservative opposition to return-free filing. For instance, conservatives in general think the tax code is both too complex and too onerous. In a return-free system, citizens are given a summarized bill and encouraged not to consider the line items. The concern is that the bill is unfair, and the less citizens have it shoved in their face, the less likely we are to get a fairer tax code.

(I think this is silly and that we are probably under-taxed, but I understand the logic.)

Re: Intuit Will Sell Off Quicken

#8
post #3

Doesn't say in the article but I assume they are keeping Mint? Desktop apps like Quicken (and the similar Microsoft Money) were dead to me the minute that came on the scene (almost 9 years ago at this point).

I'm a happy user of many web-based services, but why would anyone give all their personal financial data to single company? Ok, the success of Mint proves me wrong, I just don't get it. It's not only that they can use your data to build and sell a profile, there is a realistic chance that the data gets leaked.

> Ok, the success of Mint proves me wrong, I just don't get it.

Well for one thing people are lazy and Mint devs actually take care of handling logins for all of those banks, credit cards companies, and credit unions.

I'm not entirely sure if there's any other alternative non web base software that can do this. I would assume those apis are different between all those companies.

Sure I can input my stuff manually but then again I'm lazy.

Re: Intuit Will Sell Off Quicken

#9
post #7

Looks like they are not worried about taxes ever becoming simpler. Intuit has spent about $11.5 million on federal lobbying in the past few years to kill bills that would have simplified taxes. [1] [1] http://www.propublica.org/article/how-the-maker-of-turbotax-...

If $2.3MM/yr over 5 years is enough to reshape the trajectory of fundamental laws in this country, why aren't people just Kickstarter-ing cannabis decriminalization, marriage equality, and copyright law changes? My point is: that's not a lot of money. Not that I think you can get important changes done for $2.3MM. There is real conservative opposition to return-free filing. For instance, conservatives in general thin…

Mostly because no one has done it yet, and congressmen are much more open to corporate lobbying and serving elite and business interests than they are interested in serving the people, mostly because the government wants taxes. Taxes come from business, and business often comes from making things that should be easier harder. In a world of perfect competition everything would cost next to nothing and profits would be non-existing. The world would be at equilibrium. Lots of business is about making sure the world never gets to that state so the game can go on.

Re: Intuit Will Sell Off Quicken

#10
post #9
post #7

Earlier quoted context omitted.

If $2.3MM/yr over 5 years is enough to reshape the trajectory of fundamental laws in this country, why aren't people just Kickstarter-ing cannabis decriminalization, marriage equality, and copyright law changes? My point is: that's not a lot of money. Not that I think you can get important changes done for $2.3MM. There is real conservative opposition to return-free filing. For instance, conservatives in general thin…

Mostly because no one has done it yet, and congressmen are much more open to corporate lobbying and serving elite and business interests than they are interested in serving the people, mostly because the government wants taxes. Taxes come from business, and business often comes from making things that should be easier harder. In a world of perfect competition everything would cost next to nothing and profits would be…

It is certainly not the case that conservatives, who make up roughly half the government and who apparently constitute the bulk of opposition to return-free filing, want more taxes. The belief that Americans are over-taxed defines almost half of American conservative ideology.
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