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The system isn't broken. It just wasn't written with individuals in mind. The system works wonderfully if you're a CPA or large financial institution. If peo
by smutticus 16y ago
The system isn't broken. It just wasn't written with individuals in mind. The system works wonderfully if you're a CPA or large financial institution.
If people understood their best interests and elected officials acted on behalf of those best interests we would have a simpler tax code. The opacity of law benefits only those who can understand it. Clarity of tax code is simply not in the interest of those who pay for laws to be drafted.
- smackfu 16y agoOTOH, the tax code is complicated mainly because of all the special cases that were introduced to pander to people's individual best interests. Like the whole deductions side of the 1040.