There is zero economic gain from more complex tax rules. Further, the software does not absolve you of liability. At best they may agree to cover it, but that's unlikely and they can also go broke if they get it wrong.
There is zero economic gain from more complex tax rules. Further, the software does not absolve you of liability. At best they may agree to cover it, but that's unlikely and they can also go broke if they get it wrong.
There is already a precedent with DMV data sharing agreements, and some states will collect sales taxes for others as well.
I'm having a hard time coming up with an example where this makes any sense. Can you elaborate?
http://www.state.nj.us/treasury/taxation/pdf/pubs/sales/prio...
It’s a big deal for cars — without this people in NYC metro would have a hard time otherwise.
Actually, the federal government should oblige each member state to provide the algorithm, and sign it cryptographically and have it expire every X fixed time interval, and have signed algorithms for the current and next time interval, so that software can automatically fetch and stay up to date.
Then the "business opportunity" of navigating FUD evaporates. Currently any such enterprise charging for such a service can spend a fraction of their budget lobbying against harmonization...
Since it would be an obligation of the states to the federal government, these algorithms (provided by each member state) should be hosted on a fixed federal government site.
Time to start a petition?
What is the most convenient format for this layered geographic data? Are the tax district boundary polygons already otherwise available as open data? What do localities call these? Sales tax tables, sales tax database, machine-readable flat files in an open format with a common schema?
How much tax revenue should it cost to provide such a service on a national level?
States, Counties, Cities, 'Tax Zones'(?) could be required to host tax.state.us.gov or similar with something like Project Open Data JSONLD /data.json that could be aggregated and shared by a server with a URL registry, a task queue service, and a CDN service.
While the Bitcoin tax payments bill passed the Senate and House in Arizona, it was vetoed in May 2018. Seminole County in Florida now allows tax payment with crytocurrencies such as Bitcoin:
https://cointelegraph.com/news/us-seminole-county-florida-to...
> According to a press release, the county will begin accepting Bitcoin (BTC) and Bitcoin Cash (BCH) to pay for services, including property taxes, driver license and ID card fees, as well as tags and titles. The Seminole County Tax Collector will reportedly employ blockchain payments company BitPay, which will allow the county to receive settlement the next business day directly to its bank account in US dollars.
This could also help reduce the costs of tax collection and possibly increase the likelihood of compliance with the forthcoming tax bills!
Its not surprising that one US right wing think tank thought the UK with its "socialist" NHS and higher income tax was a freer place to business.
Yes there is. States compete with each other and this prevents any one of them from having laws that are much crappier and more oppressive than average because when that happens businesses and people leave.
Not as unusual as you would think, given that it is a basic principle of both the EU (despite what Eurosceptics would have you think) and the US.
There’s a case to be made for variation, but that ain’t it.