Post #2411709
2026-04-16 01:03 UTC
taxes should be so simple that the government calculates what it thinks you owe them and tells you (likely far in advance of it being owed) and it is only in rare / unusual cases that you need to do much more - eliminate all the misc credits, all the misc deductions, make it far simpler and use mostly paperwork already filed with the government to calculate it. Only needing additional details in unusual cases (like you worked for someone who didn't actually file paperwork correctly)
Replies (1)
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@Rycaut@mastodon.social 2026-04-16 01:06
I don't mind paying taxes (I pay a lot of them) but I do think the immense industry that has arisen around avoiding taxes and/or maximizing tax benefits is obscene - as are the many ways for corporations (and individuals) to appear to have zero or negative income while by most measures they have massive cash flows and asset growth. And there shouldn't be the massive industry around tax preparation that exists here in the US (where many people spend tax prep than they owe in taxes)