this post was submitted on 05 Jan 2024
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170
TurboTax maker Intuit’s $100 million tax credits challenged by US lawmakers (arstechnica.com)
submitted 10 months ago by throws_lemy@lemmy.nz to c/news@lemmy.world
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[–] Boozilla@lemmy.world 60 points 10 months ago* (last edited 10 months ago) (2 children)

I wish I lived in a country run by responsible adults. Where the government just sends me a tax bill or a tax refund, without all the bullshit paperwork. Because it's 2024, and they already know what the amount should be.

Granted, it's not a terrible problem compared to worse things that we have here. Like unaffordable healthcare, unaffordable housing, collapsing infrastructure, and failing school systems.

But it's still laughably bad. Of our various problems listed above, this income tax filing bullshit is the easiest one to fix. The government would prefer it. The taxpayer would prefer it. The only thing standing in the way are asshole lobbyists.

[–] gullible@kbin.social 26 points 10 months ago (1 children)

To be fair, unaffordable healthcare is the result of identical issues. A powerful lobbying group preventing the socialization of a universal human need is the cause of most issues in the US, really. What was it, like 300k in campaign donations on average to buy a senator? The number was terrifyingly low.

[–] MegaUltraChicken@lemmy.world 6 points 10 months ago

I really think we need to start trying to lump cash together and just outbid those fuckers to get some actual policy passed. Or at the very least make them spend more.

[–] Thann@lemmy.ml 19 points 10 months ago

The tax system was designed to allow businesses (read: rich people) to avoid taxes through deductions. They want it to be a complex labrynth so that the working class doesn't understand how the taxes work because they would burn down congress if they knew how unfair everything was.

[–] TransSynthesist@lemmy.blahaj.zone 24 points 10 months ago (1 children)

Do not trust Intuit. They are lying.

[–] Illegalmexicant@lemmy.world 6 points 10 months ago (1 children)

They destroyed Mint and force you to use credit karma. Guess I'll have to find a different company to give all my financial data to.

[–] subtext@lemmy.world 4 points 10 months ago (2 children)

We recently moved to Simplifi by Quicken after that whole fiasco.

Pretty good so far, and we got a 1 year free trial to see if we like it.

[–] Illegalmexicant@lemmy.world 3 points 10 months ago

Thx. I'll give it a shot!

[–] massacre@lemmy.world 2 points 10 months ago (1 children)

Uhh... Quicken is Intuit as well. Not sure what this accomplishes. I'm in the same boat about the move to Credit Karma and I don't know how this will affect me - the fact that they have been quiet about what changes makes me think it's not for the better, but it's clear Mint is dead, so wondering what made you come to the conclusion to move onto something else.

[–] subtext@lemmy.world 2 points 10 months ago

Quicken was originally developed by Intuit but was sold and has been in private equity hands since 2016. Is it possible that you're thinking of QuickBooks (which is an Intuit product)?

Agreed that Mint seems dead and the lack of communication about Credit Karma made me assume that it's DOA, which is why I moved to Simplifi. I found them through a few different product recommendation threads / articles as consistently decently rated, and I felt comfort in the fact that I was paying for the product (rather than it being free), which lends itself somewhat to the durability of the offering. Plus Quicken is a 40-year-old brand at this point, and with Simplifi being a newer product (but not brand new), I felt some confidence that they'd have staying power.