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Tax avoidance for most W2 workers is basically impossible without committing blatant fraud. Tax avoidance for the 1% has many more loopholes to exploit (deprec
by condensedcrab 9mo ago
Tax avoidance for most W2 workers is basically impossible without committing blatant fraud.
Tax avoidance for the 1% has many more loopholes to exploit (depreciation, etc).
Simplify the tax code!
- billy99k 9mo agoWhen anyone asks for a 'simplified' tax code, it's going to mean little or no deductions for mostly everyone. Is this really what you want? I also really don't know know how much easier you want them. If you have one W2 for one job, your taxes can be done in an hour on a Saturday.
- condensedcrab 9mo agoMore so that the 1% have fewer loopholes, not the other way around. Regular folks filing taxes don’t have particularly difficult returns, but if the government already knows what you owe/get back, why waste everyone’s time? Obviously deductions exist for a reason, but standard deduction folks shouldn’t have to file to confirm that their number matches what the IRS already calculated.