Title: intuit inc: A Taxing situation

Part 2 - Analyzing the Economics Behind Intuit Inc. Directions: Answer the following questions. Use a separate sheet of paper, if necessary. Then, as a class, discuss your answers. 1. What types of taxes does the government use to raise money? What types of taxes does TurboTax generally deal with? 2. Does Intuit software deal with direct or indirect taxes? Explain your answer. 3. If the current tax code were changed to a flat tax (a simple percentage of total gross income), what would happen to sales of Intuit's tax preparation software? What would be lost in the tax system by this change