Intuit, Maker of Turbotax, Lobbies Against Simplified Tax Filings

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."

Comments

Get rid of income Tax

[Anonymous Coward]

We are already taxed at every corner of our life, income tax hurts the economy. Most people that maintain the economy are middle income and low income individuals. Who spend on things that may not be necessary but do help the overall economy. They will be taxed on their purchases. Why hinder those individuals that save those tax dollars will be seen when they make purchases. If you make it a flat tax based in spending already income tax barely make 400 billion a year that is nothing in comparison to the money that was spent in stimulus. Income tax is less than what we pay in interest in debt so why not get rid of it that would help the economy more than any qe from the fed.

Re:Not even much money

[Anonymous Coward]

Billions? Hell here in NC you can buy a net neutrality law for ~1200 bucks.

Endorsed By President Reagan?

[NotSanguine]

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