Elizabeth Warren has done a great service for billionaires. Now they can drop their accountants and go to her website to calculate their taxes.
How about the rest of us?
There’s no technical reason why, at tax time, we cannot:
- log into our secure IRS account
- see a tax form with all info IRS already has (e.g. W-2, 1099s)
- with calculations already performed.
- If necessary, we could enter changes, though
- many of us could simply accept it and be done.
There is a political reason why this hasn’t happened: Intuit and others with tax prep software contribute generously to politicians. In other words, CORRUPTION.
Senator Warren, give us your plan for simplifying tax season (without paying anything) for those of us who use only the most common forms.