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by mNovak
2485 days ago
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What I've come to realize over the past couple years (as my taxes got considerably more complex) is that what's lost with the 'autonomous IRS' is essentially the ability to self-declare your expenditures based on their purpose (albeit with the risk of being audited). The algorithm, which in my interpretation of the suggestion just reads in all your transactional data, would be burdened with some very complex interpretation of supporting documentation. Unless of course it's very simple (e.g. flat tax) |
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