JIM, Congress, Government discussed on MAD MONEY W/ JIM CRAMER - Full Episode - Mad Money w/Jim Cramer: 08/24/17

Automatic TRANSCRIPT

You know jim that's actually where there is a misperception if there is a simplification of the tax code which we are all for those eighty five million people that still go to somebody do their taxes will have the selfconfidence to do it on their own they'll use a piece of software like turbo tax or they'll use a smartphone and we think that will be a huge stimulus for growing the doityourself category and so we're excited about tax simplification we've been working really hard for years to try to make it happen but in the absence of that will do the job for congress we will simplify the tax is so people can get them done without having to worry about making a mistake what that's a great point because i was thinking it other a lot of people who have small businesses we're really would be prohibited we call to shift economy people aged they're doing a third over but then there delivering forecast rabbit next thing you know they're they're involved with some sort of a door well you know these little services and they have to file an amy corporate fund so they're using into it right they are in fact that's one of the most exciting parts of our business right now if you look at the workforce the research suggests about thirty four percent of people are working in this gig economy as a freelancer they're driving for uber or lift the running task for task rabbit their delivering for door dash and today they have to separate their personal from their business expense then they have to be able to foul using the right tax form and the government can sit considers them a small business so we launched a product coq quit book self employed it works with turbe attacked selfemployed and this year we're able to generate a hundred and seventy thousand additional subscribers by simply having them swipe left awry push a button in their taxes were done and we're just now at the basically the entry level point of this there are three million people falling with turbo tax that are self employed this year a hundred and seventy thousand discovered the magic we're going to see how high we can go next year we'll match an actual accelerated revenue growth for big companies you actually are speeding your growth right now.

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