It’s worth knowing that Intuit, the makers of TurboTax, lobbies to keep America’s taxes complex. Very little stresses me out more than preparing tax filings, so I would love to see return-free filing. In short, this would mean that the government would handle your tax return, and only if you disagreed would you need to do much work. Whether or not it would save money across the board, it sounds heavenly. I couldn’t agree more with professor of tax law Joseph Bankman, who said:
“One of the biggest costs that people have is the anxiety — and this would definitely cut down on that,” he said.