Futurity

This program would ease the pain of doing your taxes

In a pilot program called ReadyReturn, the government basically does your taxes for you.

Joseph Bankman doesn’t think taxes need to be so painful and anxiety provoking. In fact, he knows the US can introduce a much easier and more straightforward process for paying taxes because he’s already done it.

In 2005, Bankman worked with the State of California to create ReadyReturn—a pilot study with a completed tax return prepared by the state (not an individual or tax professional) that was available to low-income and middle-income taxpayers.

Bankman, professor of law and business at Stanford Law School, teaches mental health law and writes on the intersection of law and psychology. He has developed a course on anxiety psychoeducation and written about how insights from social psychology might be used in the effort to reduce tax evasion. And, it seems, tax anxiety.

Here, Bankman explains why the US tax filing system is so complicated and what can be done to relieve the anxiety we all feel as tax day approaches:

The post This program would ease the pain of doing your taxes appeared first on Futurity.

Mai multe de la Futurity

Futurity2 min citite
Large Hippocampus, Better Memory? Not Necessarily
Having a larger hippocampus doesn’t always reliably predict learning and memory abilities in older adults, research finds. It’s normal for the hippocampus—a curved, seahorse-shaped structure embedded deep in the brain—to shrink as we age, but it’s mu
Futurity3 min cititeSociety
Sepsis Accounts For 1 In 5 Deaths Worldwide
Twice as many people as previously believed are dying of sepsis worldwide, according to a new study. A disproportionately high number of the deaths are children in poor areas. The study reveals 48.9 million global cases of sepsis in 2017 and 11 milli
Futurity3 min citite
Official Drug Death Stats Are Off By Half
Deaths classified as drug-related for 15- to 64-year-olds hit 9% in 2016, up from about 4% about two decades prior, but new research suggests the true number is actually more than double that. “It’s obvious that the drug epidemic is a major American