More so that the 1% have fewer loopholes, not the other way around.
Regular folks filing taxes don’t have particularly difficult returns, but if the government already knows what you owe/get back, why waste everyone’s time? Obviously deductions exist for a reason, but standard deduction folks shouldn’t have to file to confirm that their number matches what the IRS already calculated.
Regular folks filing taxes don’t have particularly difficult returns, but if the government already knows what you owe/get back, why waste everyone’s time? Obviously deductions exist for a reason, but standard deduction folks shouldn’t have to file to confirm that their number matches what the IRS already calculated.