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Hasn’t that been pretty open since Snowden like 10 years ago? Also, if anyone ever wonders how insidious the government is here’s food for thought — why does
by lettergram 3y ago
Hasn’t that been pretty open since Snowden like 10 years ago?
Also, if anyone ever wonders how insidious the government is here’s food for thought — why does the US have such a crazy tax code? Quite literally all your life’s details give you small breaks on taxes - who you donated to, when you donated, why you donated. What property you own, what you did with it, new car? Is it an EV? Does it have power steering? Etc.
It would be far far easier to pass a flat tax or remove most breaks. Interesting enough, they want to track all transactions now to increase tax revenue
https://www.npr.org/2021/10/25/1048485043/irs-banks-taxes-fight-explainer https://www.npr.org/2021/10/25/1048485043/irs-banks-taxes-fi...
https://www.cnbc.com/select/irs-600-reporting-rule-delayed/ https://www.cnbc.com/select/irs-600-reporting-rule-delayed/
But again, you don’t keep some of these $50 savings on taxes, then monitor all transactions. Unless it’s for something else
- rayiner 3y agoBecause the US tries to micromanage people’s behavior through the tax code. E.g. it offers EV credits because they want you to buy an EV instead of a gas car.
- HumblyTossed 3y agoThis. A lot of people don't understand this, but taxes shape behaviors.
- xyzzyz 3y agoI mean, I get why they would not understand it when the government micromanages companies by targeted tax breaks (called “tax loopholes”): they just hate companies and markets, and so they blame them for doing the exact thing the government wants them to do. But how can you not understand that the purpose of EV tax credits is to make people buy more EVs? That’s the whole point!