The Scam Behind Taxes in America: How We're Being Deceived

💰Paying taxes in America is not the actual tax rate; it is a complicated and expensive process that benefits private companies.

🌍In contrast, other countries like the Netherlands and Japan have a free and easy system for citizens to file their taxes.

🔍Private companies like TurboTax dominate the tax preparation industry, making billions of dollars by charging Americans for a service the government should provide.

🆓The promised free filing system in the US has been sabotaged by tax prep companies, trapping taxpayers into paying for alternative services.

🔧The government's failure to create a free and easy way to file taxes is a major scam that affects millions of Americans every year.

Why is paying taxes in America complicated and expensive?

—The tax code is complex, and the process of filing taxes requires individuals to navigate a multitude of rules and regulations. Additionally, many Americans need to pay private companies to help them file their taxes, resulting in additional costs.

How does paying taxes in America compare to other countries?

—Countries like the Netherlands and Japan have streamlined systems that make it easier for citizens to file their taxes. In contrast, the US lacks a user-friendly platform and relies on private companies for tax preparation.

Why do private companies dominate the tax preparation industry in America?

—Private companies like TurboTax have capitalized on the government's failure to provide a free and easy filing system. They charge for their services, creating a profitable business model at the expense of American taxpayers.

What happened to the promised free filing system in the US?

—Tax prep companies, including TurboTax, have undermined the free filing system by misleading customers and making it difficult to find the free version. Many eligible Americans end up paying for commercial software instead of using the free option.

Why is the government's failure to provide a free and easy way to file taxes considered a scam?

—The government's inability to create a free filing system, coupled with the dominance of private companies in the industry, forces taxpayers to bear unnecessary costs. This deception and lack of a public service option can be seen as a scam that disproportionately affects low-income individuals.

00:00Paying taxes in America is a major scam, as taxes are not based on the actual tax rate but a complicated and expensive process.

03:11Other countries like the Netherlands and Japan have a free and easy system for citizens to file their taxes.

03:40Private companies like TurboTax dominate the tax preparation industry, charging Americans for a service that should be provided by the government.

08:34Tax prep companies have sabotaged the promised free filing system, trapping taxpayers into paying for alternative services.

10:01The government's failure to provide a free and easy way to file taxes is a major scam that affects millions of Americans every year.