Why can’t the IRS just send Americans a refund – or
a bill?
https://theconversation.com/why-cant-the-irs-just-send-americans-a-refund-or-a-bill-156733
Beverly Moran notes:
“Return-free filing is not difficult.
Furthermore, 95% of American taxpayers receive more than 30 types of information returns that let the government know their exact income. These information returns give the government everything it needs in order to fill out most taxpayers’ returns.
The U.S. system is 10 times more expensive than tax systems in 36 other countries with robust economies. But those costs vanish in a return-free system, as would the 2.6 billion hours Americans spend on tax preparation each year.
Maybe you’re wondering whether Congress is just behind the times, unaware that it can release us from tax preparation? Not true.
As an expert on the U.S. tax system, I see America’s costly and time-consuming tax reporting system as a consequence of its relationship with the commercial tax preparation industry, which lobbies Congress to maintain the status quo”.
https://theconversation.com/why-cant-the-irs-just-send-americans-a-refund-or-a-bill-156733
Beverly Moran notes:
“Return-free filing is not difficult.
Furthermore, 95% of American taxpayers receive more than 30 types of information returns that let the government know their exact income. These information returns give the government everything it needs in order to fill out most taxpayers’ returns.
The U.S. system is 10 times more expensive than tax systems in 36 other countries with robust economies. But those costs vanish in a return-free system, as would the 2.6 billion hours Americans spend on tax preparation each year.
Maybe you’re wondering whether Congress is just behind the times, unaware that it can release us from tax preparation? Not true.
As an expert on the U.S. tax system, I see America’s costly and time-consuming tax reporting system as a consequence of its relationship with the commercial tax preparation industry, which lobbies Congress to maintain the status quo”.