FTC judge rules Intuit broke law, must stop advertising TurboTax as “free”::Intuit plans appeal, slams FTC’s “predetermined decision.”
FTC judge rules Intuit broke law, must stop advertising TurboTax as “free”::Intuit plans appeal, slams FTC’s “predetermined decision.”
Why can’t we just do it like the rest of the world where the IRS (or equivalent) does it and you just sign off on it being correct? They should already have all the data they need from corporate quarterly filings.
Because of the lobbying these tax companies are doing to keep the tax system so complex you need to hire them to do your taxes for you. If it were easy to do your taxes then these companies would not need to exist - and they cannot have that.
Capitalism
I do believe the other countries that have better tax filing systems are also capitalist…
Other countries seemed to have some common sense when it comes to capitalism in that they largely don’t allow capitalist incentives to entirely consume areas of public good, such as healthcare / education / and yes even government services such as tax collection.
The USA kind of forgot during the cold war that crony capitalism is a thing and the incentive to make the most money possible isn’t compatible with providing public goods.
Here’s an explanation on why https://youtu.be/Vu3T4ZXzOyw?si=O0HkB8a8MVYsIjeD
Here is an alternative Piped link(s): https://piped.video/Vu3T4ZXzOyw?si=O0HkB8a8MVYsIjeD
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I’m open-source, check me out at GitHub.
While paying taxes is mandatory, in the US the way we submit taxes makes our tax system “voluntary” - so the IRS sending a bill would probably contradict this, but they are working towards prepopulated forms to ease and eliminate the costs of filing taxes for lower and moderate income individuals. Higher income individuals have far more complex tax situations where prepopulated forms abs automated billing are difficult.