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A comment on Show HN: Calculator for US individual income tax, from 1970-present. Parent comment

Re:Show HN: Calculator for US individual income tax, from 19... by pessimizer on Wednesday June 29, 2022 @07:01PM (#31926798)
The US demands extremely detailed tracking of your income. We just get nothing in return for it.
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Re:Show HN: Calculator for US individual income tax, from 19... by PopAlongKid on Wednesday June 29, 2022 @07:59PM (#31927220)
>We just get nothing in return for it.

Maybe you don't, but a lot of wealthy people who can afford to hire tax professionals do. For example, how certain famous billionaires[0] have received billions of tax free income because they took the position that it could be classified as a certain type of income.

[0]https://www.bloomberg.com/news/articles/2021-06-24/peter-thi...

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