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The IRS Has an Answer to TurboTax
11–20 of 56 posts
Re: The IRS Has an Answer to TurboTax
#12[flagged]
Re: The IRS Has an Answer to TurboTax
#13Re: The IRS Has an Answer to TurboTax
#14[flagged]
So you would rather get rid of the government, over a business that bribes officials and sells products that are only needed due to their bribes.
Re: The IRS Has an Answer to TurboTax
#15About half of Americans pay no effective tax anyway, why not set a threshold say 100k a year and if you are under it you owe no federal taxes and don't have to file anything. Can make up the difference by taxing capital gains at the same rate as W2 income.
Does the IRS have way to know all of your income?
Heres the best bit, people working under the table are going to be making less than 100k generally so it doesn't really matter, anyone making real money will be making big enough waves in the financial system to be detected, small movements of cash doesn't matter at this scale. The highly taxed routes (capital gains) are also already highly policed for tax purposes so no transition is needed there.
Re: The IRS Has an Answer to TurboTax
#16Earlier quoted context omitted.
Correction: they want all poor idiots (I include myself here) to feel like taxes are a punishment so that they will want to vote Republican.
Not just the poor idiots, but the rich idiots too. Paying taxes isn't so bad once you realize that money was spoken for from the minute it hit your checking account.
Re: The IRS Has an Answer to TurboTax
#17Re: The IRS Has an Answer to TurboTax
#18It's not really an answer to TurboTax, because it's not good enough. I'll continue to pay Intuit for now. It's relatively speaking a small price to pay for something done well.
Re: The IRS Has an Answer to TurboTax
#19It's not really an answer to TurboTax, because it's not good enough. I'll continue to pay Intuit for now. It's relatively speaking a small price to pay for something done well.
What is an example of something that TurboTax does better?
Re: The IRS Has an Answer to TurboTax
#20Earlier quoted context omitted.
What is an example of something that TurboTax does better?
State taxes as well. The IRS didn't partner with individual states for this initiative. They also don't have limits on interest income or household income, which make this worthless for people who file high income returns.
Intuit practices the classic rent-seeking behaviors endemic to late stage capitalism. Who is this helping? They also actively lobby against tax reform because it's an existential threat to their cash cow.