Just as tax preparation season heats up, President Donald Trump took a shot at one of the category’s largest brands, H&R Block. During a meeting with the nation’s biggest retailer CEOs Wednesday morning, Trump discussed his administration’s plan for tax reform, including a much simpler process.
"We're going to simplify very greatly the tax code. It's too complicated. H&R Block probably won't be too happy. That's one business that might not be happy with what we're doing," Trump said, adding: "Other than H&R Block, I think people are going to love it."