• Franzia@lemmy.blahaj.zone
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    10 months ago

    But like I feel like this system of deduction taxes is more difficult than any other country and it reinforces the need for americans to use software or an accountant. Am I wrong? Are other countries putting up with this shit? The biden admin is the first in my lifetime to give us credits rather than a rebate or deductible.

    • Stumblinbear@pawb.social
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      10 months ago

      That’s… Not at all true. There has been a child tax credit for decades. EV credits have existed for quite some time.

      And yeah, other countries have some, but iirc they do it because they already track everything for VAT purposes, so it’s just an extension of that.