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Implied in your statement - it benefits those who can create more complex financial situations. Often the complexity of the situation is largely synthetic.
by Traster 8mo ago
Implied in your statement - it benefits those who can create more complex financial situations. Often the complexity of the situation is largely synthetic.
- munk-a 8mo agoI agree that the complex financials are generally intentionally created for sheltering and that complexity is only possible because of our overly complex tax code which has been made significantly more complex by tax preparer lobbyists from Intuit and others.
- netsharc 8mo agoThe reflex when people hear "complex" in this era: "Can we use AI for it?". Next month's headline: "IRS signs 200-million dollar deal with Grok to use AI to analyse tax returns, determine who gets audited".
- cranberryturkey 8mo ago[flagged]
- akdev1l 8mo agoYou’re thinking too far behind. They can just use the AI to generate what your taxes would’ve been. Just have a script with “what are the taxes owed by $name” and print the output I’ll take $5M now and you can own 50% of my startup: GenTaxAI
- munk-a 8mo agoImpossible - such a script would invalidate the need for Intuit and Intuit is critical for national security or something.
- oarla 8mo agoI suspect something like this may already be in place.
- yibg 8mo agoIn both cases though, mostly rich people.