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Filing Your Taxes Is an Expensive Time Sink. That’s Not an Accident

177 点作者 scottie_m大约 6 年前

25 条评论

jasonshen大约 6 年前
Andrew Yang, who was the 1st declared Democratic presidential candidate for 2020, has a whole policy around the strange aspects of US taxation, including automatic filing and getting a breakdown of where your money went.<p>&gt;&gt; Instruct the IRS to implement a system whereby any American can opt into a program to have their taxes filed automatically.<p>&gt;&gt; Instruct the IRS to coordinate with the Treasury to prepare a report on federal spending, and send each taxpayer a rundown of the actual amount of their taxes that went to each major spending area (e.g., domestic programs, foreign aid, military, etc).<p>&gt;&gt; Increase the budget of the IRS by 50% to $16.2 billion and modernize it with the latest technology. Money spent on the IRS will almost certainly pay for itself many times over via better tax compliance and less wasted time of citizens. Running the country like a business means both taking care of constituents and collecting revenue as seamlessly and efficiently as possible.<p><a href="https:&#x2F;&#x2F;www.yang2020.com&#x2F;policies&#x2F;filing-income-taxes&#x2F;" rel="nofollow">https:&#x2F;&#x2F;www.yang2020.com&#x2F;policies&#x2F;filing-income-taxes&#x2F;</a>
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jwr大约 6 年前
If you live in the US and you think your taxes are bad, you haven&#x27;t seen anything yet. The IRS starts to really make your life miserable once you move out of the country and live as an expat. The reporting requirements (FBAR and FATCA) border on ridiculous. As an example you need to report all your financial accounts, interest on them with no minimums, you have to know the maximum amount in each account over the course of a year, and BTW, if you are a shareholder in a non-public company, that company&#x27;s statement goes into your tax filing, too. Preparing your tax return becomes a major project that you do once a year, and you really have to pay a specialized company to do it for you, because there are so many pitfalls.<p>The part that I found most surprising is that in the US there is basically no way for an individual to read the law and follow it. The law is way too complex and murky. As a contrast to that, in most countries that adopted German law principles, it is perfectly normal for a person to go read the law if in doubt.
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skizm大约 6 年前
The worst part about taxes is that I never know if I did them correctly since the feedback loop is up to 3 years. Just shoot them off into the ether and cross your fingers you don&#x27;t get a giant bill next year.<p>The first time I filed, I had not updated my W4 soon enough after moving and owed NYC like $4k in taxes which came up around 18 months after I filed. The following year the software I was using said I owed around $10k in taxes, which I was pretty sure was wrong, so I went to an accountant and they did it for me and said I owed nothing. Even after all that, there is no way to know who is right until 3 years from now (IRS theoretically doesn&#x27;t look back more than 3 years for individual returns).
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Reedx大约 6 年前
It&#x27;s crazy we still don&#x27;t get a pre-filled out form that you can simply verify and sign. Done. Amend if needed.<p>Bonus: An option to indicate where ~5% of your taxes goes to.
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clausok大约 6 年前
The Planet Money podcast just had an episode on this topic (&quot;Joe Bankman, professor at Stanford, figured out a way to make filing your taxes easy and painless. Then the tax lobby found out about it.&quot;)<p><a href="https:&#x2F;&#x2F;www.npr.org&#x2F;sections&#x2F;money&#x2F;2017&#x2F;03&#x2F;22&#x2F;521132960&#x2F;episode-760-tax-hero" rel="nofollow">https:&#x2F;&#x2F;www.npr.org&#x2F;sections&#x2F;money&#x2F;2017&#x2F;03&#x2F;22&#x2F;521132960&#x2F;epis...</a>
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jostmey大约 6 年前
The screwed up taxes is a symptom of a dysfunctional government.<p>The fix is to address the root cause--reducing excessive lobbying that seems to control the government and implementing a direct democracy that puts the government better under the people&#x27;s control (it&#x27;s time to replace the electoral college).
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cjslep大约 6 年前
This was my first year doing my own Swiss taxes (US citizen in CH). Even though I only know German to an A2 level, the free software provided by the Canton and the instructions on how to fill out the return completely guided me with no problems, even through the additional forms. In addition, as a side effect I have accurate numbers for my income, my interest payments, my wealth, and my debts.<p>The US side of things has been... not the same experience.
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jkingsbery大约 6 年前
&quot;...and Republicans’ long anti-tax crusade.&quot;<p>That seems like an uncharitable characterization of a group that has argued for a simpler tax code with generally fewer loop holes (as opposed to an elaborate tax code that no one can understand, with a pre-filled form that in theory one could double check but in practice few would check).
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grigjd3大约 6 年前
I was particularly entertained by the tax forms this year. The 1040 is now only half a page, but there are several other required forms that didn&#x27;t exist last year.
dec0dedab0de大约 6 年前
I hate filing taxes so much. I wish we would switch to purely sales tax and corporate tax. I know the arguments against them, but I just don&#x27;t want to do paper work.
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ams6110大约 6 年前
This story is disingenuous. For people with &quot;simple&quot; tax situations (no itemized deductions, etc) the forms are already very simple.<p>The scenario they paint with chasing down form after form simply does not happen for most people. For most people it&#x27;s one page.<p>But the idea that your taxes can be pre-computed by the IRS is fantasy beyond that, unless the tax code is significantly changed.<p>Sure they know your W2 income and some other standard stuff. How do they know your self-employment or business income? How much you gave to charity? How do they know what unreimbursed expenses you had? How do they know how many kids you have? How do they know your marital status?<p>I guess most of that could be addressed by just eliminating all deductions and allowances but even at that there are a lot of things they simply cannot possibly know until you, the taxpayer, tell them.
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1123581321大约 6 年前
Taxes are extracted during payroll and that’s a very easy process for individuals. The tax return is just an adjustment. It’s an annoying process to get a direct deposit for at least as many people as it is an annoying process to send a check.<p>If I were a strategist in charge in making taxes hurt, I would try to help people understand how much bigger their paychecks could be. Please read this comment as politically neutral.
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CodeSheikh大约 6 年前
Filing taxes is a complicated process. Not showing where the tax money is spent is a simple process -- they just don&#x27;t tell you.
emptybits大约 6 年前
It&#x27;s painful here in Canada, too. I read passages like this about civilized countries, also heavily socialized like my country, and am envious:<p>&gt; &quot;Netherlands, the procedure is simple ... Dutch citizens can file their taxes in minutes ... in Sweden, 72 percent of taxpayers say filing taxes is easy&quot;<p>I enjoy what I receive from paying my taxes. Please make it easier.
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jpttsn大约 6 年前
It&#x27;s cheaper to offer a 10% gift voucher than a 10% discount.<p>Where I live, most people approve a pre-filled statement. This boosts tax revenue, because people don&#x27;t think twice about deductions that are not pre-filled.<p>It&#x27;s more convenient not to do your own math, if you trust the actor who does the math for you.
andbberger大约 6 年前
Just one more tax on the poor<p>edit: &#x27;tax&#x27;, I am not being literal
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deeg大约 6 年前
Is there any reason we don&#x27;t require the government to create software that largely does the taxes for us? They have the W2s, etc. and it seems like they could fill most of the forms out. We&#x27;d just need to set the deductions.
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Taniwha大约 6 年前
Here in NZ most people do not need to file - the tax system is deliberately simple, there are essentially no deductions&#x2F;etc.<p>Most people who have a single regular income will find that their employer has paid the exact correct amount of PAYE on their behalf, people who have multiple employers may receive a tax refund, they can file for it by filling out a 2 page online return (I think this year the IRD will start doing this for you, you&#x27;ll just get a cheque in the mail)<p>As an employer filing monthly PAYE is equally trivial, it can be done with 1 line in a spreadsheet - I spend 30 minutes a month paying bills&#x2F;taxes&#x2F;etc for my company
robomartin大约 6 年前
A fair tax system would be one where you are sent a bill every month and you allocate your money as you want it to be soent. Some baseline auto-allocation should be a part of this. Perhaps you control 75% and the rest is automatic. No tax filings and the IRS is reduced rather than grown into a larger monster.<p>People don’t revolt about taxation because they never see the money. If people had to pay the bill themselves every month there would be riots in every city within a year or less.
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JustSomeNobody大约 6 年前
Well, unless you&#x27;re poor, at least you likely don&#x27;t have to worry about being audited. The IRS is too busy auditing the poor and minorities to worry about anyone else.<p><a href="https:&#x2F;&#x2F;www.vox.com&#x2F;future-perfect&#x2F;2019&#x2F;4&#x2F;3&#x2F;18292741&#x2F;irs-tax-audit-eitc-black-belt" rel="nofollow">https:&#x2F;&#x2F;www.vox.com&#x2F;future-perfect&#x2F;2019&#x2F;4&#x2F;3&#x2F;18292741&#x2F;irs-tax...</a><p>I really wish, as a country, we could stop beating up on the poor.
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RickJWagner大约 6 年前
I&#x27;ve long wondered why the government doesn&#x27;t do the calculation first, then you have the right to appeal if you want a change. If they have the data to check the calculations you make, they have the data to do the calculation.<p>I am deeply disappointed in the gratuitous attack on Republicans at the bottom of the article. Low for even the Atlantic, it shows this is <i>not</i> an unbiased source but rather a politically biased one.
Causality1大约 6 年前
Filing your taxes is an expensive time sink if you&#x27;re wealthy with a lot of assets. I&#x27;m not, and it takes me about ten minutes to file mine on the free website. Fill in my W-2, answer about ten questions, hit the &quot;File&quot; button, done.
timwaagh大约 6 年前
the article uses the netherlands as an example of how its supposed to be done. the problem in the netherlands is that there are some things you are legally entitled to, but that aren&#x27;t on your tax app. like &#x27;averaging&#x27; in case of varying income. Dutch tax law is not so simple as implied. also i&#x27;m supposed to be paying wealth tax over the part of the property i&#x27;m not using as my own living space (i rent out part of it). right now it is impossible to do this. saves me a bit but it could land me in trouble as well.
josteink大约 6 年前
Many countries have more or less fully automated tax-systems. They are not time sinks, and that is by design.<p>I’m happy with the local “IRS” using the newest technology to save me time and the country money.
mrhappyunhappy大约 6 年前
Tax prep lobbying at work. I’d love to know how much H&amp;R and TurboTax spend on keeping things as is.
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