Friday, March 29, 2024
HomestocksRepublicans say you can file your taxes with a postcard if new...

Republicans say you can file your taxes with a postcard if new bill passes; H&R Block shares drop

  • "This is a complete redesign of the code, so we can simplify it so much that 9 out of 10 Americans can file using a postcard-style system," said GOP Rep. Kevin Brady.
  • The postcard prop held by Brady read at the top, "Simple, Fair 'Postcard' tax filing."
  • "It's going to make life very simple," said President Trump later in the day. "The only people that aren't going to like this is H&R Block. They're not going to be very happy.
  • Shares of tax preparer H&R Block fell after the news Thursday.

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