IRS will pilot free, direct tax filing in 2024::Direct File is a shot across the bows of Turbotax, H&R Block, and others who have resisted free and simple tax filing for decades.

  • Reddit_Is_Trash@reddthat.com
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    1 year ago

    Be cooler if we didn’t have to pay tax at all…

    At a 20% tax rate (relatively low) over a 5 day work week, you will work 1 whole day and receive ZERO money from it. It gets washed away to taxes

    • drislands@lemmy.world
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      1 year ago

      I wanted to write a clever, sarcastic reply to this, but I couldn’t come up with anything.

      Suffice it to say taxes are what fund society at large. Roads, schools, etc. If you lived on an isolated island without any access to the benefits of society, I’d say you have a point, but you’re using the Internet, so…

    • Croquette@sh.itjust.works
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      1 year ago

      You exchange that money for infrastructure and services. You think that roads build themselves with fairy dust and unicorn wishes?

    • ultrasquid@sopuli.xyz
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      1 year ago

      Well have fun when your house burns down, cause the fire department certainly isn’t gonna come there without getting paid.

      • CmdrShepard@lemmy.one
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        1 year ago

        And even after you pay the fire department to come out, you’ll have to pay someone else to dig out a road to your house for the firetruck to drive on and then pay a third person to dig a trench to the nearest body of water so they’ll have something to spray on the fire.

    • CmdrShepard@lemmy.one
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      1 year ago

      We have progressive tax rates so you’ll be paying less than 20%. A simple example using your single week of work would have you paying 0% for day 1, 5% for day two, 10% for day 3, 15% for day 4, and 20% for day 5. Assuming you make $100 a day/$500 a week, this would put your tax bill at $50 for the week or 10% even though you hit the 20% bracket.