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by nightski 1405 days ago
Well the U.S. tax system is heavily dependent on deductions which the IRS often does not have information on. So I'd imagine a lot of people would go with the default when in reality they might be able to save money.

That said, Trumps tax law greatly increased the standard deduction so it's not as big of an issue any more.
1 comments
runako 1405 days ago
> tax law greatly increased the standard deduction so it's not as big of an issue any more.

As of 2019, only ~11% of filers itemized. It would be a good idea to have a public website where 90% of filers could do their taxes for free.

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nightski 1405 days ago
I agree but was just pointing out one method through which this could be turned against filers. If the standard deduction was greatly reduced it could cause taxpayers to pay more tax than they needed.

Personally I hate the fact we have so many deductions. I'd love a simplified tax code but I think that would be a tough sell.

link