Intuit, Maker of Turbotax, Lobbies Against Simplified Tax Filings

Posted by timothy on Tuesday April 15, 2014 @05:07AM from the rent-seeking-right-on-the-surface dept.

McGruber (1417641) writes "Return-free filing might allow tens of millions of Americans to file their taxes for free and in minutes. Under proposals authored by several federal lawmakers, it would be voluntary, using information the government already receives from banks and employers and that taxpayers could adjust. The concept has been endorsed by Presidents Obama and Reagan and is already a reality in some parts of Europe. Sounds great, except to Intuit, maker of Turbotax: last year, Intuit spent more than $2.6 million on lobbying, some of it to lobby on four bills related to the issue, federal lobbying records show."

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Re:Not even much money by Anonymous Coward · 2014-04-15 05:20 · Score: 0, Troll

Billions? Hell here in NC you can buy a net neutrality law for ~1200 bucks.
Endorsed By President Reagan? by NotSanguine · 2014-04-15 05:22 · Score: 0, Troll

That's quite a trick! Seeing as Ronald Reagan has been dead for ten years, was a Ouija board involved?

--
No, no, you're not thinking; you're just being logical. --Niels Bohr