Why are taxes so taxing…?
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I read somewhere that the entire tax issues with taxes in the US is pretty made complicated because of the Tax Industry (QuickBooks, H&R Block, Intuit, etc). They lobby to make it difficult so they will have ongoing business.
Your OneTaxSystem would probably crater their revenues. Ever since then, I paid attention to how the people set to “help” us is really just a difference method of fleecing us.
Look at these numbers from Intuit 2018 reports:
For the full year, Intuit:
– Grew revenue to nearly $6.0 billion, up 15 percent year-over-year.
– Grew Online Ecosystem revenue by 40 percent.
– Finished the year with over 3.4 million QuickBooks Online subscribers, growth of 43 percent.
Real money.