100% disagree with your comments on tax preparation. Something like 80%+ of tax payers could have their 1040s automatically generated by the government because they only have stuff like wage and bank interest income. The proposal was just to have the government send these taxpayers a summary that they can accept or amend, the default being they wouldn't have to do anything at all to file their taxes.
Intuit et al fought tooth and nail against this, because they knew it would cost them big time.
These companies aren't benefiting from "the free market", they are rent-seeking regulatory capture organizations.
Intuit et al fought tooth and nail against this, because they knew it would cost them big time.
These companies aren't benefiting from "the free market", they are rent-seeking regulatory capture organizations.