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by damoncali 4023 days ago
I've always wondered what would/will happen when the tax code gets so complicated that nobody can understand it, and we have to rely on a machine to interpret it. A sort of brave new world where the inputs are collected by computers, the tax is calculated by computers and taken by computers, all understood only by a small cadre of tax coders. Kind of scary.
2 comments

Milton Friedman explains tax code complexity brilliantly here:

http://youtu.be/TruCIPy79w8

I've been thinking about this recently too. In Australia the government is looking into using IBM Watson to automatically make administrative decisions, e.g. assess applications for immigrant visas.

I can foresee a future where legislation becomes ever more complex and people defer to Watson as the source of truth as there will be nobody left in the public service who needs to know the actual text of the law.

Fun times ahead.