š
Original date posted:2013-09-28
š Original message: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?
Neil
On 29 September 2013 09:15, <rob.golding at astutium.com> 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
>
>
> ------------------------------------------------------------------------------
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> Explore tips for MPI, OpenMP, advanced profiling, and more. Get the most
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>
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Neil Fincham [ARCHIVE] /
npub1y2ā¦7z639
2023-06-07 15:07:02
in reply to nevent1qā¦45mf
Author Public Key
npub1y25xs5rjz5c9lfrkhhfqznk8pmltd8j844g3dg06ec9qmgfxwj2sn7z639Published at
2023-06-07 15:07:02Event JSON
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Original date posted:2013-09-28\nš Original message:I subscribe to this list so I can keep up-to date with bitcoin development,\ncan we keep philosophy and tax evasion out of it?\n\nNeil\n\n\nOn 29 September 2013 09:15, \u003crob.golding at astutium.com\u003e wrote:\n\n\u003e \u003e But the regulatory environment in many geographical regions in\n\u003e \u003e uncertain. Do we need to pay capital gains? Do we need to pay a\n\u003e \u003e sales taxs etc. etc.\n\u003e\n\u003e In most regions it's not only 'simple' but trivial - BTC is just\n\u003e 'another currency' and accounted for exactly the same way - it doens't\n\u003e matter if you sell your hose for GBP, USD, EUR, BTC or sacks of Pig\n\u003e Dung, you still have a GBP tax issue ...\n\u003e\n\u003e \u003e So my idea is to voluntarily pre empt legislation by giving donations\n\u003e \u003e to govt (aka taxation) for bitcoin service providers.\n\u003e\n\u003e You want to volunteer to pay tax ? I'd suggest stronger medication ...\n\u003e\n\u003e \u003e However, there is something of a problem with voluntary donations.\n\u003e \u003e Most people are not satisfied with the way they are spent.\n\u003e\n\u003e 80% of 'donations' end up spent on 'adminsitration' and not what they\n\u003e were donated for, this is a 'greed' issue not a 'currency' issue.\n\u003e\n\u003e \u003e In the UK\n\u003e \u003e a recent survey said that only 18% of people thought that tax money\n\u003e \u003e was wisely spent.\n\u003e\n\u003e Tax isn't voluntary or a donation. The 18% who think UK tax is well\n\u003e spent are the 18% of the population who get the tax money, not the 82%\n\u003e that pay it ;)\n\u003e\n\u003e \u003e Can we fix it?\n\u003e\n\u003e First we kill all the politicians ...\n\u003e\n\u003e \u003e So let's say I run a business and I make 1 million euros. I wish to\n\u003e \u003e donate 10% of my profits to society. But let's say I dont want that\n\u003e \u003e money to go to wars of aggression, but rather, to the fire\n\u003e \u003e de[department.\n\u003e\n\u003e So give it to the FD - what you do with your post-tax profits are up to\n\u003e you ;)\n\u003e\n\u003e \u003e At this point everyone wins. The business person is happy to make a\n\u003e \u003e contribution. The govt. is happy that it gets more revenue. The\n\u003e \u003e fire dept. is happy that it has revenue to do its work. And\n\u003e \u003e everything has gone to the right place in a kind of democratic way.\n\u003e\n\u003e Where does gov't come into this ? I think you're confusing 'tax' which\n\u003e you have zero control over and 'donations' which you already have 100%\n\u003e control over.\n\u003e\n\u003e Rob\n\u003e\n\u003e\n\u003e ------------------------------------------------------------------------------\n\u003e October Webinars: Code for Performance\n\u003e Free Intel webinars can help you accelerate application performance.\n\u003e Explore tips for MPI, OpenMP, advanced profiling, and more. Get the most\n\u003e from\n\u003e the latest Intel processors and coprocessors. See abstracts and register \u003e\n\u003e http://pubads.g.doubleclick.net/gampad/clk?id=60133471\u0026iu=/4140/ostg.clktrk\n\u003e _______________________________________________\n\u003e Bitcoin-development mailing list\n\u003e Bitcoin-development at lists.sourceforge.net\n\u003e https://lists.sourceforge.net/lists/listinfo/bitcoin-development\n\u003e\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20130929/acf2c2d6/attachment.html\u003e",
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