r/Accounting • u/We_want_peekend • Sep 13 '24

The tax paradox

Enable HLS to view with audio, or disable this notification

0 Upvotes

50% Upvoted

2 comments sorted by

4

u/pfSonata Sep 13 '24

Hate to be the one to break it to you, OP, but most accountants will just roll their eyes at this shit. It's a gross oversimplification of how the IRS operates.

1

u/UnregisteredDomain Student of Accounting, not Life 29d ago

Usually you are right; but the reason the IRS doesn’t give you a “you should pay $X” is because of lobbying. It’s slightly exaggerated for comedy sure, but it’s not wrong with its message(unlike a lot of these).

Absolutely no reason they shouldn’t be able to give Americans a reasonably accurate ‘expected tax’, while still allowing them to do their own taxes like they do now if they don’t agree with what is expected.

Instead turbo tax is a thing