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with a seventy five thousand page tax code do we think they could? Taxes should be a one page affair, yet as always politicians are adept at dividing us, boxin
by Shivetya 12y ago
with a seventy five thousand page tax code do we think they could?
Taxes should be a one page affair, yet as always politicians are adept at dividing us, boxing us, and generally punishing us when we don't do as we are told. The IRS is a political weapon more often than not.
As a typical corporate drone with a house how complex should my taxes be? I do the correct deductions throughout the year yet I never have a near zero difference.
- bodyfour 12y ago> with a seventy five thousand page tax code do we think they could? Yes, for nearly everyone. In fact, the IRS already does this -- your employer, bank, etc have already reported all of the biggest items to the IRS. They know what your tax bill will look like before you even crack open the 1040 instructions. Then when you file they'll compare what you send via the baseline and flag anything that has a discrepancy in that taxpayer's favor. The IRS could easily let you start with the baseline and just say "OK, sounds good" or "actually, I've itemized my deductions, here is what I think the number should be". In fact the IRS wants to do that since it would be less work for them overall. Congress won't never let them though. To bring it back to the original article, this is also why expats should never expect tax relief. The tax preparation industry would lose millions of customers.