The Soapbox

hoodeyo

Joined: 09/29/2013 Posts: 6445
Likes: 3410


What do you say to this part of the article, just bs?


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"Questions like that have prompted some members of Congress — including Senator Ron Wyden, Democrat of Oregon; Elizabeth Warren, Democrat of Massachusetts; and Dan Coats, a former Republican senator from Indiana — to champion pre-filled forms. But their bills never went anywhere because the tax-preparation industry lobbies strenuously against them. The “Tax Complexity Lobby,” as it has been called, includes big national preparers like H & R Block and tax-prep software companies.

Intuit, the maker of the top-selling program TurboTax, has reportedly spent millions over the years to persuade members of Congress to “oppose I.R.S. government tax preparation.” In an annual report, the company warned investors that “government encroachment” — the I.R.S. filling out the forms for you — would be a significant competitive threat, which is why it has to fight the idea. So you do more work, they make more money."

(In response to this post by Shenhoo)

Posted: 04/16/2017 at 8:29PM



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