Live data from Hacker News

FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

cnn.com

191–200 of 268 posts

Re: FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

#191
post #149
post #47

Earlier quoted context omitted.

I had to look this up as I didn’t grow up in the States. It was A&W. https://www.snopes.com/news/2022/06/17/third-pound-burger-fr... Crazy.

Wait, did Snopes say this was real because of a news article that contain hearsay?

Do people think the NY Times reports hearsay as fact?

Here, straight from the horse's mouth:

https://awrestaurants.com/blog/aw-third-pound-burger-fractio...

Re: FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

#192
post #126

Earlier quoted context omitted.

It's not that they're rare, it's that it legitimately is an easy error to make even if you understand it to be an error. Even people who work with equations every day will occasionally make careless mistakes like this. That's why mathematicians joke about how it's important to make an even number of sign errors. To not make this mistake, you have to be able to call to mind that the map x -> 1/x reverses the inequalit…

For fractions like 1/3rd and 1/4th all it takes is common sense.

I speak, and thus think, in both English and Japanese.

English says "1/4", or "1 over 4", or "1 quarter".

Japanese says "4 bun no 1", or the practical equivalent of saying "4 under 1" in English.

I consequently routinely say the numbers in reverse, confounding both myself and anyone around me before I realize my brain engaged in furious tentacle sex with the numbers.

Re: FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

#193

Earlier quoted context omitted.

[flagged]

you made an account just to talk shit about the poor?

As far as I can be bothered to care, schemes involving having other people store your money such as tax withholdings and insurance policies exist primarily to save people from themselves and their lack of budgeting capabilities.

Most people can't budget, poor people especially so (it's among the biggest and most likely reasons why they are poor). They see money, they spend it all immediately. Saving? Investing? "roflmao" or "I can't.", they will say. The only way to address this so certain, specific, important payments are made absolutely is to literally take and keep the money out of the person's hands until the payment is made.

Re: FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

#194
post #188

Finally, something is being done. Paying taxes should be free for most people. Especially if you only have to deal with the standard deductions.

Isn't a 1040-EZ free and takes 10 minutes? My tax situation is kind of complicated and costs me like $150 for all of the things TurboTax finds, figures out, calculates, submits, and all in a nice UI. Can someone please explain to me what is so horrible about paying a reasonable fee to figure out some complicated stuff that amounts to 80+ pages of filing docs? And free if it's EZ? And free if low income?

The tax code is deliberately complicated because, in part, of the lobbying by Intuit and H&R Block. They're creating an artificial market for their $150 services and convinced the populace this is reasonable.

Re: FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

#195
post #49

Finally, something is being done. Paying taxes should be free for most people. Especially if you only have to deal with the standard deductions.

If you're standard deduction and just have a few simple sources of income, filing is easily free. Should it be electronic and pre-filled? Yes. But this idea that you need an accountant or tax prep software if you have a W-2 and a 1099 just isn't true. The forms are free.

>But this idea that you need an accountant or tax prep software if you have a W-2 and a 1099 just isn't true.

I hire a CPA to do my dead simple returns that I can do myself.

Why?

Because I don't trust myself to have done it correctly. No, I can't sincerely swear everything written is true and correct to the best of my knowledge because I do not trust myself.

That's why I hire a CPA, because I need someone I can point to for legal liability purposes. Am I throwing away money, so to speak? Perhaps, and I don't care; I'm buying peace of mind.

Re: FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

#196
post #126

Earlier quoted context omitted.

For fractions like 1/3rd and 1/4th all it takes is common sense.

I speak, and thus think, in both English and Japanese. English says "1/4", or "1 over 4", or "1 quarter". Japanese says "4 bun no 1", or the practical equivalent of saying "4 under 1" in English. I consequently routinely say the numbers in reverse, confounding both myself and anyone around me before I realize my brain engaged in furious tentacle sex with the numbers.

It seems like the obvious solution is to offer Americans what they want in terms of a burger named after a bigger denominator.

1/5th pound burger is going to sell better than the quarter pounder while using less beef.

Re: FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

#197
post #168

In Sweden, for most citizen the tax authority does the tax declaration for you. If you don't want to do any changes (which most people doesn't have to), you simply write a text to them [1]. [1] https://skatteverket.se/servicelankar/otherlanguages/inengli...

To be fair, in Sweden the taxes are also insane. I’d rather have to pay some middleman a paltry sum every year than pay 30% more tax just for the privilege of the government automatically calculating them for me.

Not saying the US shouldn’t do this automatically, I’m merely pointing out it’s not a 1 to 1 comparison.

Re: FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

#198

Earlier quoted context omitted.

Have you tried dumping all the sockets out of a socket set and putting them back in order? Do you find it's easier to order the metric ones than the imperial ones which have a lot of different denominators on adjacent sizes? I certainly do but I'm not American so maybe it's my background limiting me.

Just to save you some time: the numbers written on the sockets indicate the size of the socket. So you don't even need to read them, just put them in order of size and you'll have them in order of number automatically.

I was thinking of mine which has the same OD for many adjacent sockets. Guess it doesn't work if they're all different.

Re: FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

#199
post #47

Earlier quoted context omitted.

I had to look this up as I didn’t grow up in the States. It was A&W. https://www.snopes.com/news/2022/06/17/third-pound-burger-fr... Crazy.

This story has to be apocryphal, as fractions aren't _that_ rare, especially in the U.S. with its imperial system and third of a cup measurements or quarter inches or half miles and so on.

Average Americans that frequent QSR’s don’t math so good.

Re: FTC bans TurboTax from advertising 'free' services, calls deceptive advertising

#200
post #168

In Sweden, for most citizen the tax authority does the tax declaration for you. If you don't want to do any changes (which most people doesn't have to), you simply write a text to them [1]. [1] https://skatteverket.se/servicelankar/otherlanguages/inengli...

To be fair, in Sweden the taxes are also insane. I’d rather have to pay some middleman a paltry sum every year than pay 30% more tax just for the privilege of the government automatically calculating them for me. Not saying the US shouldn’t do this automatically, I’m merely pointing out it’s not a 1 to 1 comparison.

If you include healthcare, daycare, state pensions, disability insurance, employment insurance etc as a tax (which it is in most cases with more tax) the "insane" amount isn't that insane anymore.
Post reply on HN