Friday, March 31, 2023

Dem plan is the opposite of privatization. ; it’s nationalization

Socialism with American Characteristics

Lobbyists challenge IRS plans to create tax-filing system The Biden administration’s $80bn overhaul of the IRS is being challenged by lobbyists representing tax preparation services including H&R Block and TurboTax maker Intuit, who say the agency's growing power will damage their businesses and infringe upon taxpayer privacy.

Charles Brown: IRS could get access to all the "private information by auditing

They are against a potential plan for the IRS to create its own tax-filing system, allowing taxpayers to submit their returns directly to the federal government at no cost. Lobbyists for the tax preparation industry and the companies argue that creating a free, federal tax-filing system is redundant and would give the agency too much power over the filing process.

Charles Brown : IRS already has dominant power over the filing process . If the IRS does your tax service for you, you are guaranteed that your filing is valid



“This is not the first project for the IRS to do,” Stephen Ryan, the general counsel for the Free File Alliance, a group of tax software companies that works with the IRS to help taxpayers file their returns, said. “They don’t have the authority to become a tax software company.” Intuit, meanwhile, said that Americans already had options to file their taxes for free and that an IRS system would be a waste of money. The IRS is expected to share the results of its exploratory plans this year. “It’s important that Americans have choices that work best for them when preparing their taxes, whether it’s by using a tax professional, tax software or free options,” said spokesperson Jodie Reynolds. New York Times

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