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by StephenCanis
2604 days ago
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I think the general idea would be for the IRS to provide you with the completed tax return. This should be sufficient for a vast majority of people who only earn employment income. You would then review the return and could update/file a return if you have additional deductions or business income that would not otherwise be reported to the IRS. I believe the UK and some other European countries already have this system. |
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The government favours them as subsidies at point of purchase, rather than something you do at the end of the year. That actually works out a lot nicer as a tax payer, as you don't need to have the full amount of money up-front, and also means you're way less likely to miss out on some of them.