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Ryan
@ryanfmason
The most likely driver of actual tax reform that I can see is not legislation. It’s open source E2EE software you run locally that does everything for you with precision and maximum deductions based on prompts it gives you. Seems technically feasible but there would be heavy lobbying to make this illegal.
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Ryan
@ryanfmason
If you’re PWC I get why the focus is on assisting tax professionals but regulatory capture is the only reason it would stop there. Why would the UX not just get so good you can use it as a complete layperson
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Dean Pierce 👨‍💻🌎🌍
@deanpierce.eth
Maximum deductions aren't a math problem, they're a risk tolerance problem. I could maybe pay 5% less taxes if I wanted to risk IRS fuckery, but it's not worth it. Also the only people who benefit from overly complicated tax codes are the shitty tax prep companies. It would be better for the IRS, Treasury, and US citizens as a whole tax-bot was a thing.
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artcollect
@kirstenrodriguez
True, but if it ever gets through, it could revolutionize how we handle taxes. The efficiency and accuracy would be a game-changer for taxpayers.
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