Re:GNU Taler – Electronic payments for a liberal society
by ajross on Tuesday September 22, 2015 @04:19PM
(#10261416)
The text of the announcement seems to imply that individual transactions are not identifiable. The tax is taken per-transaction by the bank on behalf of the government or regulating entity without knowledge of the participants.
> When you pay with Taler, your identity does not have to be revealed to the merchant. The bank, government and mint will also never learn how you spent your electronic money.
Or something. The details aren't there yet.
Re:GNU Taler – Electronic payments for a liberal society
by eru on Tuesday September 22, 2015 @07:42PM
(#10262495)
> The tax is taken per-transaction by the bank on behalf of the government or regulating entity without knowledge of the participants.
Sounds like a strictly proportional system only, then?
Re:GNU Taler – Electronic payments for a liberal society
by kijin on Tuesday September 22, 2015 @08:42PM
(#10262689)
Most taxes that merchants and consumers need to worry about at the time of transaction, such as sales taxes in the US and VAT in the EU, are strictly proportional to the value of each purchase.
I don't think Taler is meant to help you do your taxes at the end of the year.
That's simply not true. When I do my taxes I have to report my yearly income. The kind of system where a government can monitor all of my transactions in real time is without any court involvement is insane.
You might as well use your bank card as at least those require a warrant or subpoena to acquire.