Re:Intuit to Acquire Mailchimp for $12B
by Denvercoder9 on Monday September 13, 2021 @06:09PM
(#28517542)
> .. because they lobby to keep taxes complicated?
No, because they lobby to keep filing taxes complicated. Yes, taxes most likely will always be complicated, but if there's no artificial barriers to filing (like in most of the rest of the developed world), there can be real competition in the tax-solutions-software space and most likely there'll also be acceptable open-source solutions that can be used for free.
Re:Intuit to Acquire Mailchimp for $12B
by AlbertCory on Monday September 13, 2021 @06:22PM
(#28517686)
OK, fair point.
I'm not saying they don't, but don't you think the tax code is complicated because politicians have to be doing something, and they get donations by adding special provisions for their donors?
A prerequisite to a simple tax system would be a rate so low that (1) no deductions are necessary, and (2) it's not worth making any special effort to avoid the tax or to cheat.
On (1), that's right: no child deduction, no mortgage deduction, no charitable deduction, no state & local tax deduction, no nothing. Just pay 15% of your income, period, full stop. And TurboTax got no further reason to live.