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this post was submitted on 25 Sep 2023
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politics
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Man, I hope I live to see the day that these greedy bastards lose a huge chunk of their business to free filing via the IRS. They've been fighting to keep tax paying citizens from getting what they want from their government for years. It's gross.
I want to see this free filing happen both for the good it'll do and because I want to see Intuit's stock plummet. Fuck Intuit.
"It'S gOiNg tO HuRt bLaCk pEoPle" fuck off you dirty liars.
Between Intuit and some of these money transfer applications (venmo, cashapp etc) they are pivoting hard to diversify and lobbying hard with the government looking to finally come more into the 21st century. Free tax filing and fednow could be very good for the everyday person.
What's the issue with Venmo and cashapp?
In other countries the government has an app thats free and plays that role. Instead of a corporation trying to make money.
You're talking about countries that have state banks? Like who?
Its not a bank, the government covers the same service Meta, or Venmo does here with electronic payments from your phone. Its like free wire transfers for everyone. It helps people spend and move money.
In the Eurozone private banks simply have to facilitate wire transfers to other accounts free of charge and instantly. People do it through their bank's app or website, usually. This is regulated through the SEPA.
As for taxes, I do it in a few minutes through the free government-provided online portal.
Then again, you probably don't have to sign so many Datenschutzerklärungen...
WTF free transfers?
Good for them, man. That's awesome.
Yeah, anything without free regular transfers (2/3 days of delay at most) and at least 1 debit card won't get customers.
Then there's Bizum here too (Spain), which a system used by all the banks to be able to send money to someone through their mobile phone, without knowing their bank account. We use it in outings where 1 pays for all and then we divide the receipts and just instant transfer whatever each one ate.
Some businesses are starting to use Bizum too to avoid the cut Visa and other card carriers take.
Oh wait. The US has fees if you transfer immediately. Outside of 2-3 days is free. I thought you guys were saying the immediate transfers are free.
Sorry for the late message but we don't really use regular transfers for outings, we use the bizum system, which I think that is a Spain only thing, where the app of every bank has some sort of panel where you can send money to people on your contacts based on their phone number if they have it registered, and you send the money to their bank account without knowing their IBAN or anything.
That's pretty cool. So it's basically Venmo, but government backed? Pretty handy.
India's UPI. I am American, so I have only read about these systems online. I also could be wrong about the intended use case per country. China has one, too. Apparently the Bahamas also has one.
My beef is that they want to act like banks, but with none of the oversight and regulations of an actual bank. Ever had a real problem with PayPal? Say what you want about the banking industry, but I can get a real US -based person on the phone within 10 minutes to help me solve my problem.
First of all. Primus sucks! and I should have taken your name.
On the subject, didn't PayPal get hit with regulations finally or did I make that up in my head?
Very true about actually getting in contact with someone. The best you can do is chat support, and I've been through that just to change my phone number with them cuz the app glitched out on me. Took two weeks to get it changed.
Yeah that's probably one of the bolder bad faith arguments I've ever seen. It is transparently BS. I don't think Intuit has heard of the Evil Overlord List. Clearly they forgot to have a 5-year-old child on their payroll to double check all their evil plans.
Where was that 5-year-old at Unity? Didn't he tell them about how he went to the different bathroom when his bullies started charging him 5 cents every time he had to pee?
It was a common bullying scheme back in the day, patrol bathrooms and have people pay you to get out of getting your ass beat.
I was comparing Unity's "20 cents an install" to this.
sigh Please do not patrol bathrooms with expectations of extorting the patrons, it won't end well for anyone.
They pulled the black card. You can't argue against that.
Intuit actually makes some really good products. I'd like to see pre-prepared returns from the irs also, with the option to update/amend at the taxpayer's discretion if necessary. That way Intuit could focus on their higher level products for bigger more sophisticated taxpayers that truly do need excellent software.
One can make really good products and still be such unmitigated cunts that they should lose that business altogether.
They've spent insane amounts of money lobbying the government to keep poor AF people easily able to be tricked into paying for their tax return all while advertising a hard to find free service. Paying people we pay for with our tax dollars so that more of our hard earned cash can flow into their pockets. And if they spent insane amounts to keep it that way you know full well they're making that amount back and then some. Off of us.
They're evil. No offense to you, but fuck their really good products.
What do you propose then, corporate execution and then toss their products in the garbage?
Yep, sure. I'm okay with that. It makes more sense that someone else buys the company than to throw it in the trash, but regardless I don't see how "they make good products" is an excuse for the manipulation of our government on the scale they've engaged in.
If more corporations faced the death penalty for the shit they pull they'd be way less likely to pull it. (To be clear I'm referring to the company being sold and/or the leaders going to jail, depending on the offense, not literally executing the heads of corporations)
I don't disagree but I'm confused where you think I said good software excuses lobbying against pre-prepared returns. I'm fairly certain I said the opposite.
To me this is how our conversation thread goes:
Me: I hope they crash and burn
You: They actually make good products, I hope this tax stuff goes away so they can focus on their good products
Me: Nah, fuck them, I hope they crash and burn for what they've done
You: And throw their good products in the trash?
That to me sounds like you think their good products should save them from the Find Out portion of Fucking Around. Please correct me if I misunderstood you, but that's how the conversation reads to me.
man I don't want to fight about this, everyone is so fucking aggressive here and I'm sick of it.
I'm sorry my reply came off as aggressive, I truly wasn't trying to be. These times are incredibly frustrating, we just want good products from good companies that don't do fucked up shit, and that seems to be too much to ask for ?? It sucks.
But I have no problem with you personally, we're all trapped in this stupid system together. Be well, my dude. I'm sorry my reply caused you stress, it wasn't my intention.
Edit: I see that you have downvotes and want you to know they're not from me