Maybe I'm totally wrong here, but I don't see much of a difference between extorsionist tax filing software and scam callers warning me about the IRS suing me. Can the government please make something that's easy to use? Filing taxes isn't something that requires a separate company to help with, and I see no reason why these products have a right to exist (and especially not be canonized), especially with how exploit…
TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free
141–150 of 466 posts
Re: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free
#142Re: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free
#143Just for comparison: in Brazil the _Receita Federal_ (IRS equivalent) provides a free multi-platform* Java desktop app for filing your taxes. The UI isn't great* and if you do complex stock trading it can be a pain to add the necessary information, but for the vast majority of people it works just fine. It also shows if it is better to use the standard deduction or the itemized deductions for your particular case and…
Fun fact: the official tax filing application in Germany which has been around for a few decades is called "ELSTER" (apronym for El ektronische St euer er klärung, "Electronic Tax Return") which literally translates to "MAGPIE", as in "thieving magpie" ("Diebische Elster"). This is a form of self-irony which is quite unusual for the German tax offices. OS portability has greatly improved with their online app [0], wh…
Re: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free
#144Earlier quoted context omitted.
Based on recent history Warren certainly isn't a run of the mill middle of the pack Democrat. Her positions on banking, big business, healthcare and big tech companies is a leftward lean even when compared to Obama's tenure. > The government needs to be reformed, electing one party or another President isn't going to change much And pontificating about how "the system is broken" doesn't change anything. There are no…
Obama held almost all those positions during the primary in '08. Why do you trust Warren to follow through when Obama didn't?
Besides, this isn't even the question. The OP said that Warren is a middle of the road Democrat. Compared to the positions held by the average Democrat Senator/Congressperson she isn't at all. Whether she'd follow through on those promises when elected is a valid question (though much like Obama, it wouldn't be under her sole control), but that doesn't mean she isn't left-leaning.
Re: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free
#145I like propublica's reporting on this but geez, this needs an award for one of the top HN obsessions. Within the past 7 months: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free; 211 points -- 54 minutes ago TurboTax to charge more lower-income customers; 144 points -- 3 months ago Congress Scraps Provision to Restrict IRS from Competing with TurboTax; 82 points -- 4 months ago Listen to TurboTax…
And yet the cost of implementing a government algorithm has not yet fallen to near-zero. Furthermore, the government has surely implemented the algorithm itself in order to verify submitted tax returns, so the implementation cost of pre-computing everyone's tax should be comparatively small.
Everyone is hating on TurboTax for making money, but they’re pretending the government tax machine has no such motivation, which simply is not true.
Re: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free
#146I like propublica's reporting on this but geez, this needs an award for one of the top HN obsessions. Within the past 7 months: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free; 211 points -- 54 minutes ago TurboTax to charge more lower-income customers; 144 points -- 3 months ago Congress Scraps Provision to Restrict IRS from Competing with TurboTax; 82 points -- 4 months ago Listen to TurboTax…
So what? Fuck TurboTax trying to rent seek mine and anyone's ability to pay taxes. What's next? Feudalism?
Re: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free
#147Earlier quoted context omitted.
They are still an unnecessarily painful solution. I did do these last year to finally kick TurboTax to the curb. However, they’re shamefully complex especially considering how they’re already a piece of software. They barely do basic arithmetic. The restrictions are entirely artificial, and the system is gamed so that you either spend a lot of time learning tax form rules and lingo or you just pay TurboTax to do it f…
What about the free forms is painful? I have only ever filed via these forms - I've never used TurboTax, and my AGI exceeds the limits on the federal free file software. To me, it's pretty simple: you read the instruction book and go through it line by line. If you have odd forms to complete, like paperwork for an HSA, a quick google search will set you in the right direction. People with more complicated tax returns…
Re: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free
#148Just for comparison: in Brazil the _Receita Federal_ (IRS equivalent) provides a free multi-platform* Java desktop app for filing your taxes. The UI isn't great* and if you do complex stock trading it can be a pain to add the necessary information, but for the vast majority of people it works just fine. It also shows if it is better to use the standard deduction or the itemized deductions for your particular case and…
Re: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free
#149Earlier quoted context omitted.
Fun fact: the official tax filing application in Germany which has been around for a few decades is called "ELSTER" (apronym for El ektronische St euer er klärung, "Electronic Tax Return") which literally translates to "MAGPIE", as in "thieving magpie" ("Diebische Elster"). This is a form of self-irony which is quite unusual for the German tax offices. OS portability has greatly improved with their online app [0], wh…
The danish tax authority is called skat. It has a double meaning of taxes and loved one, it's as if the German one was called Schatz/Schätzle, I think it's cute.
Re: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free
#150Earlier quoted context omitted.
No one else really has the same lobbying might as intuit. Even HR Block is smaller (and targets a different market)
The GP's point (I think) is that many companies have much greater lobbying might than Intuit (Amazon, Google, Cocacola, Unilever, ...). Those companies may not care so much about how taxes are filed the way Intuit does, but they do care about keeping complicated tax codes in place that include all their favorite loopholes. So they lobby for that, without much regard for the details of the filing procedure.