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Standoff
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this post was submitted on 12 Sep 2024
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It's insanity. I'm sure there's some rationale for it, but it seems like it could be so much simpler.
The rationale is the tax companies want it this way, and pay politicians a lot of money to keep it this way
I'm not an expert by any means, but my understanding is there is a "tax accounting lobby" that works hard to prevent any measures to simplify it, because they would go out of business. Intuit and others.