US Congress Wants to Tax MMO Transactions
Quaunaut
The longest seven days in history... Join Date: 2003-03-21 Member: 14759Members, Constellation, Reinforced - Shadow
in Off-Topic
<div class="IPBDescription">Yep.</div><a href="http://news.bbc.co.uk/2/hi/technology/6065534.stm" target="_blank">http://news.bbc.co.uk/2/hi/technology/6065534.stm</a>
Not your subscription, or ingame exchanges, but instead, taxing when you buy virtual currency in a game like Second Life.
All I've got to say: For ######'s sake congress, get off of our ######.
Not your subscription, or ingame exchanges, but instead, taxing when you buy virtual currency in a game like Second Life.
All I've got to say: For ######'s sake congress, get off of our ######.
Comments
This kind of thing is nigh-on impossible to regulate. Give it up mister government.
--Scythe--
Not your subscription, or ingame exchanges, but instead, taxing when you buy virtual currency in a game like Second Life.
All I've got to say: For ######'s sake congress, get off of our ######. <!--QuoteEnd--></div><!--QuoteEEnd-->
lol, thats never going to happen
lol, thats never going to happen
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lol habeas corpus will never be suspended
lol the bill of rights won't be forgotten
lol we won't start a war over oil
lol a democracy can't become corrupted
lol habeas corpus will never be suspended
lol the bill of rights won't be forgotten
lol we won't start a war over oil
lol a democracy can't become corrupted
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Touché
Yeah. Right. Tax moonbeams while you're at it.
This kind of thing is nigh-on impossible to regulate. Give it up mister government.
--Scythe--
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They can delegate it to the game publishers though, who will in turn delegate it to the developers. The developers will respond "that's ridiculous and impossible," which the publishers will pass on. Then the government will go "okay, MMOs are now considered tax fraud."
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Meaning when you use real life money to buy virtual money?
If you spent say $100 for virtual/fake money, an extra $3-5 is no big deal.
If they taxed virtual currency <-> virtual currency exchange, that would be ridiculous.
If they taxed monthly payments, I can see many people complaining, but it's not ridiculous.
If they just taxed people who pay real money for virtual money, I don't see anything wrong with that at all...
If you're stupid enough to buy MMO money with IRL money, you deserve more than one extra tax IMO.
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Its not that simple. Some games, like second life, thats their only input method. Same with Project Entropia.
Its not that simple. Some games, like second life, thats their only input method. Same with Project Entropia.
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But it is that simple. It ranks pretty high on my list of stuff to never do ever.
if someone invented a car that runs on pure mind power the'd try to get taxes for thoughts.
Its not that simple. Some games, like second life, thats their only input method. Same with Project Entropia.
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I was sure you could make money ingame like regular MMOs.
But it is that simple. It ranks pretty high on my list of stuff to never do ever.
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Well, thats you. But theres about 40,000 subscribers of Second Life that disagree with you, that input RL money to get ingame money, weekly.
I'm not one, but still: Congress shouldn't do it.
Well, thats you. But theres about 40,000 subscribers of Second Life that disagree with you, that input RL money to get ingame money, weekly.
I'm not one, but still: Congress shouldn't do it.
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What do you want to bet that those same 40,000 people have far more than their statistical share of participants in pyramid schemes.
But that's beside the point. Taxes have to come from somewhere and people that trade real money for virtual money obviously don't have anything better to do with it.
What do you want to bet that those same 40,000 people have far more than their statistical share of participants in pyramid schemes.
But that's beside the point. Taxes have to come from somewhere and people that trade real money for virtual money obviously don't have anything better to do with it.
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Hey, before they wanna lump more taxes on me, howabout they stop shoving money up their butts, stop robbing our schools, and learn to read a balance sheet? THEN I will permit more taxes, if we can get our tax system to, say, a 65% efficiency level. Thats it. 65%. If I was that efficient at school I'd be failing the course. But I figure its okay for our country, at least.
Hey, before they wanna lump more taxes on me, howabout they stop shoving money up their butts, stop robbing our schools, and learn to read a balance sheet? THEN I will permit more taxes, if we can get our tax system to, say, a 65% efficiency level. Thats it. 65%. If I was that efficient at school I'd be failing the course. But I figure its okay for our country, at least.
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Changing the topic, eh? I declare myself winner of the internets.
Changing the topic, eh? I declare myself winner of the internets.
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Thats not changing the topic. Thats being brutally honest. I don't want them taxing me when they <i>can't even use my goddamn taxes near-right</i>.
You live in the states, you barely are getting taxed at all. In Canada the total tax I pay as opposed to my income will very nearly reach 50%.
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Only 50%? /moves to canada
You should rather crusade against other tax institutions then.
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This isn't a crusade, don't be so ignorant. I'd just like my industry of choice not be manipulated any extra, as I find that completely idiotic. I've got a problem with the tax system, but making new taxes isn't solving the problem, and then when it goes into my industry, its my business to say that the entire idea is stupid.
This isn't a crusade, don't be so ignorant. I'd just like my industry of choice not be manipulated any extra, as I find that completely idiotic. I've got a problem with the tax system, but making new taxes isn't solving the problem, and then when it goes into my industry, its my business to say that the entire idea is stupid.
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So you're saying you don't like being taxed? That's truly shocking.
Personally I don't like the idea of dying and I often rant about how the grim reaper has no right to even put me on a list.
So you're saying you don't like being taxed? That's truly shocking.
Personally I don't like the idea of dying and I often rant about how the grim reaper has no right to even put me on a list.
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Oh, no, I love being taxed. No, seriously. Seeing what high tax rates have done for the Seattle Area has made me a believer.
But don't tax my games. Unless it was a base, sales tax transaction(not a specialized "MMO transaction" tax), I would never be okay with it.