The IRS really needs some new computers

[Bloomberg View]( A daily digest of opinions and analysis A Bad Day for "Technical Difficulties" They say you can count on death and taxes, but sometimes even taxes let you down. That's what happened when the IRS's online filing system [malfunctioned]( yesterday, just as last-minute filers were racing to meet the April 17 deadline. Maybe we shouldn't be surprised: Historian [Stephen Mihm notes]( that the agency is still using code from the 1950s.  Don't Blame Airbnb for Rising Rents in Hot Cities The company's influence on real-estate markets is so small, you almost can't see it. [Noah Smith delves]( into the latest research.   IMF's Rosy Outlook Contains a Caveat for Investors The International Monetary Fund expects the global economy to expand nearly 4 percent this year and next — but the risks of protectionism haven't been priced into its outlook. This means growth, commodity prices and equity markets are all in danger of falling, [Jason Schenker warns](. Democrats' "Civil War" Is More Civil Than War Infighting? What infighting? [Francis Wilkinson predicts]( Democrats will stay united as long as Trump is president. Ritholtz's Reads - Zillow, aggregation and integration ([Stratechery]() - The future of college looks like the future of retail ([The Atlantic]() - Facing labor shortages, companies snap up teenagers ([Wall Street Journal]() (Read Barry Ritholtz's full daily news roundup [here](.) Bloomberg Gadfly - What [Walmart]( gets right about online grocery - Goldman's good trading quarter [complicates]( its future - Investing in virtue is hard when so few companies [measure up]( (Read more from BV's sister site for [fast business commentary](.) Bloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022 [Web]( ● [Facebook]( ● [Twitter]( [Feedback]( ● [Unsubscribe](