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Slightly off-topic. Ok, off-topic.

I find it exceptionally galling that the so-called Inflation Reduction Act sends $80 billion to the IRS, of which $15 million is earmarked “to fund a task force that would study the cost and feasibility of creating a free direct e-file program.” Spoiler alert fellas - it’s feasible, and it should have been done 20 years ago.

https://crsreports.congress.gov/product/pdf/IN/IN11977



Id love to know what the potential reasons are for it being infeasible. Intuit doesn't want us to?


I feel like the quickest, easiest, and most politically paletable approach would be for the government to just buy Intuit.

The market cap is $130B, three quarters of which could probably be recovered by reselling the half of the business that deals with foreign/international accounting and large business accounting.

Just keep the stuff for individuals and companies with under 250 employees in the USA. Then make all that software available for free.

Over time, integrate that software deeper into IRS processes - for example, the software could autofill fields with stuff the IRS already knows. The web based stuff could go onto a .gov website and become the official way to file accounts and taxes.




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