On 29 September 2013 04:28, Neil Fincham wrote: > I subscribe to this list so I can keep up-to date with bitcoin > development, can we keep philosophy and tax evasion out of it? > Hi Neil, perhaps I didnt present the use case clearly. It was not about evasion, it was about voluntary donations going to the correct place, being verified by an oracle. I dont wish to stray off topic, so I'll leave it at that. > > Neil > > > On 29 September 2013 09:15, wrote: > >> > But the regulatory environment in many geographical regions in >> > uncertain. Do we need to pay capital gains? Do we need to pay a >> > sales taxs etc. etc. >> >> In most regions it's not only 'simple' but trivial - BTC is just >> 'another currency' and accounted for exactly the same way - it doens't >> matter if you sell your hose for GBP, USD, EUR, BTC or sacks of Pig >> Dung, you still have a GBP tax issue ... >> >> > So my idea is to voluntarily pre empt legislation by giving donations >> > to govt (aka taxation) for bitcoin service providers. >> >> You want to volunteer to pay tax ? I'd suggest stronger medication ... >> >> > However, there is something of a problem with voluntary donations. >> > Most people are not satisfied with the way they are spent. >> >> 80% of 'donations' end up spent on 'adminsitration' and not what they >> were donated for, this is a 'greed' issue not a 'currency' issue. >> >> > In the UK >> > a recent survey said that only 18% of people thought that tax money >> > was wisely spent. >> >> Tax isn't voluntary or a donation. The 18% who think UK tax is well >> spent are the 18% of the population who get the tax money, not the 82% >> that pay it ;) >> >> > Can we fix it? >> >> First we kill all the politicians ... >> >> > So let's say I run a business and I make 1 million euros. I wish to >> > donate 10% of my profits to society. But let's say I dont want that >> > money to go to wars of aggression, but rather, to the fire >> > de[department. >> >> So give it to the FD - what you do with your post-tax profits are up to >> you ;) >> >> > At this point everyone wins. The business person is happy to make a >> > contribution. The govt. is happy that it gets more revenue. The >> > fire dept. is happy that it has revenue to do its work. And >> > everything has gone to the right place in a kind of democratic way. >> >> Where does gov't come into this ? I think you're confusing 'tax' which >> you have zero control over and 'donations' which you already have 100% >> control over. >> >> Rob >> >> >> ------------------------------------------------------------------------------ >> October Webinars: Code for Performance >> Free Intel webinars can help you accelerate application performance. >> Explore tips for MPI, OpenMP, advanced profiling, and more. Get the most >> from >> the latest Intel processors and coprocessors. See abstracts and register > >> >> http://pubads.g.doubleclick.net/gampad/clk?id=60133471&iu=/4140/ostg.clktrk >> _______________________________________________ >> Bitcoin-development mailing list >> Bitcoin-development@lists.sourceforge.net >> https://lists.sourceforge.net/lists/listinfo/bitcoin-development >> > > > > ------------------------------------------------------------------------------ > October Webinars: Code for Performance > Free Intel webinars can help you accelerate application performance. > Explore tips for MPI, OpenMP, advanced profiling, and more. Get the most > from > the latest Intel processors and coprocessors. See abstracts and register > > http://pubads.g.doubleclick.net/gampad/clk?id=60133471&iu=/4140/ostg.clktrk > _______________________________________________ > Bitcoin-development mailing list > Bitcoin-development@lists.sourceforge.net > https://lists.sourceforge.net/lists/listinfo/bitcoin-development > >