If a rich person shorts Intuit stock, spend $5-10 million developing a really slick tax program, and releases it for free, could they break even?<p>They could make it a charity, and the $5-10 million would be tax deductible on top of it.<p>At that point, maybe Intuit wouldn't have the motivation to keep the tax code complicated. Then we could move to a simplified system at the speed of congress.
If there aren’t any such projects, now might be a great time to start.<p>Prior to reading ProPublica’s exemplary reporting, I had no idea how truly duplicitous some of the market leaders can be.<p><a href="https://www.propublica.org/article/inside-turbotax-20-year-fight-to-stop-americans-from-filing-their-taxes-for-free" rel="nofollow">https://www.propublica.org/article/inside-turbotax-20-year-f...</a>