TurboTax maker not worried about GOP tax plan
The White House keeps talking about how its tax plan could simplify federal income tax returns to the point of being able to file via postcard. But Intuit, whose flagship TurboTax product was borne of tax code complexity, tells Axios that it isn't worried.
Argument: Dan Wernikoff, general manager of Intuit's consumer tax group, says the "postcard" promise would mostly apply to low-income filers who already can access a free TurboTax product. And while Wernikoff acknowledges that the tax plan could significantly expand that sort of group, he believes simplification will pull more people to online filing and away from "stores" like H&R Block.