Intuit, H&R Block shares fall after report that Trump government efficiency team is considering tax-filing app
- H&R Block and Intuit shares fell after a report indicated the Trump government efficiency team is considering a free tax-filing app.
- Intuit shares dropped more than 5%, its worst performance since August 23, while H&R Block's shares fell by almost 8%, marking its worst day since 2020.
- The DOGE tax-filing app would compete with TurboTax and H&R Block, as Elon Musk’s Department of Government Efficiency aims to simplify the tax code.
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Leaning Left0Leaning Right2Center2Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Center
C 50%
R 50%
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