Intuit, Maker of Turbotax, Lobbies Against Simplified Tax Filings

Big Blue

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wait, you tellin me ya'll can't just take the paper 1040ez, 1040f, or 1040 full (had to use these the first time this year), the instructions, tax table, and go line-by-line till ya taxes is done?
The goal of tax preparation is maximize your tax exemptions and credits. Tax code is so complex and everchanging that no regular person can accomplish this even when using software.
 

Camile.Bidan

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The Tax Code, GAAP, Sox.....

It needs to be as complicated as possible. I am trying to make money here. My plan is to
Open my own business in the next few years.

I invested in these regulations (time to learn... Etc) for reason. I 100% serious here. Ill be damned if spend 80 hours+ on the REG exam just to have it simplified.


You can draw up all thise welfare economics graphs. I don't gve a shyt. DWL (dead weight loss) may mean less utility for the overall economy, but it all goes into my pocket and my family's pockets. Thats what matters. Fukk all this libertarian shyt. Mercantilism is where the real economic profits are made.
 
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