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Re:Ohio will accept Bitcoin for corporate tax payments via B... by smsm42 on Thursday November 29, 2018 @12:12AM (#18558264)
You do realize that within a margin of about 0.1%, 100% of Ohio taxpayers don't do the bitcoins?
Re:Ohio will accept Bitcoin for corporate tax payments via B... by drewmol on Saturday December 01, 2018 @03:15AM (#18575861)
Value of tax liabilities and distribution of the debtors current holdings (BTC vs $) is a better metric to evaluate acceptable payment forms. Ohio state income tax rate is ~ 0.5% - 5%. Lots of 'businesses' don't owe anything. Accepting BTC may increase the likelihood of {high $ debtors who hold primarily BTC } actually voluntarily submitting payments. These 'businesses' would otherwise will be difficult and expensive try and to collect from.