There’s a Terrible Reason That Doing Your Taxes Costs So Much

It's the most expensive time of the year, but these days it's even more so because we know that tax prep could be free. The government doesn't want to do it.

According to a new video by the politician, Elizabeth Warren spends millions of dollars annually lobbying the US government not to change the tax filing system because she dislikes tax prep companies like H&R Block.

Warren says in the clip that you could be filing your taxes for free.

NEW: Tax filing could be free right now.

The IRS already has the authority to create a free, easy-to-use online tax filing tool, as @EWarren explains.

Instead, Americans will spend $31 billion this year for the privilege of paying services like TurboTax to file for them. pic.twitter.com/UDBTtAoPPL

— More Perfect Union (@MorePerfectUS) April 11, 2022

Across the Pond

All the W-2s employers send off to the government are forwarded to the IRS. The government knows how much you make before you file your taxes. If it wanted, it could send a pre-filled tax form that citizens could confirm and send back.

36 other countries, including Germany, Japan and the UK, allow residents to file their taxes for free, and many make the service available online as well, according to a tax policy site.

Business Insider reported that other countries use the pre-filled tax form idea, sending residents estimations of their income, withholdings and expenses, and ProPublica published a bombshell report about the 20-year war between Americans and the tax preparation company.

Americans have been advocating for a better tax system for a long time, and Senator Warren is in the regular people's corner. We can spare a few bucks to solve one of our biggest annual headaches if the CIA can afford to mess around withCryptocurrencies.

The American dream has been criticized for charging surge pricing for riders fleeing mass shooting.

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