4 ms·
No one can claim ignorance of the tax filing industry, mostly Intuit and HR Block, paying to block any such notion of easy IRS filings since the Internet and ec
by bastard_op 3y ago
No one can claim ignorance of the tax filing industry, mostly Intuit and HR Block, paying to block any such notion of easy IRS filings since the Internet and ecommerce took off. If IRS standardized e-filing for citizens, it'd remove what, 70% of Intuit's market value overnight, crippling net worth for how many employees and investors of such a fragile industry on the edge of collapse should this happen? Now it is, finally happening.
Finally some common sense took hold to let someone in government see beyond themselves the lobbying cash and veritable bribery that single-handedly kept Intuit their ilk as behemoths in the industry with nothing more than our politicians willfully overlooking the industry extortion of every common US citizen.
Sadly Intuit and like won't die overnight as sadly most silly accountants only know Quickbooks, same as people only know Microsoft Office or Windows itself, but it'll be fun to see them decimated soon once their services are no longer necessary to buy by de facto simply to pay taxes.
Hell, I'm sure if I tell ChatGPT they're a really good accountant, they'd gladly do it for me soon enough too.