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You’re way off. The money earmarked for that project is $15 million, and it’s for a study on how the IRS would implement such a system.

jetrink 4y ago
Source (PDF): https://crsreports.congress.gov/product/pdf/IN/IN11977 https://crsreports.congress.gov/product/pdf/IN/IN11977 > In addition, the IRS would receive $15 million under this bill to fund a task force that would study the cost and feasibility of creating a free direct e-file program.
- andsoitis 4y ago
  And the next sentence: "The agency previously committed not to create its own tax filing software as part of an alliance called the Free File Program. In exchange, private tax filing software companies agreed to provide free services to low- and moderate-income taxpayers." And then continues: "Roughly 4% of eligible taxpayers used the Free File Program’s private providers to file their taxes in 2020. Intuit and H&R Block, who previously represented two-thirds of the program’s usage, both left the agreement in the past three years."
zionic 4y ago
$15 Million to “study”… “how they would implement it” How should I say it, “come on man”?
- gkoberger 4y ago
  Hey, I don't disagree government spending numbers can be crazy, but building a system for 330,000,000 people across 50 states that works flawlessly (and is responsible for trillions of dollars) isn't easy. I'm personally okay with $15M... that's like salaries for 25 people for two years. To put that number into perspective, TurboTax spent about that much money on lobbying alone from 2018-2012.
  - nonethewiser 4y ago
    > building a system for 330,000,000 people across 50 states that works flawlessly (and is responsible for trillions of dollars) isn't easy Which is why they should pay real experts to do it. For less.
    - gkoberger 4y ago
      If I were an expert and the government came to me and my team with this project, I'd definitely charge at least $15M.
      - westurner 4y ago
        What do you think has been spent on developing Blockchain/DLT from 2007 to present? Is it more than $15m? Mostly amateur open source or corporate open source contributions? - Bitcoin has an MIT License, for example - XRPL and Stellar can do the payments volume; the TPS report; whereas otherwise you're building another Layer 2 system without Interledger. - Flare does EVM (Ethereum Virtual Machine) Smart Contracts with XRPL; $<0.01/tx, network tx fees are just burned, 5 second transaction/ledger close time. Notes re: Interledger addresses, SPSP, WebMonetization: https://westurner.github.io/hnlog/#comment-32515531 https://westurner.github.io/hnlog/#comment-32515531 , > From "NIST Special Publication 800-181 Revision 1: Workforce Framework for Cybersecurity (NICE Framework)" (2020) https://doi.org/10.6028/NIST.SP.800-181r1 https://doi.org/10.6028/NIST.SP.800-181r1 : >> 3.1 Using Existing Task, Knowledge, and Skill (TKS) Statements > (Edit) FedNOW should - like mCBDC - really consider implementing Interledger Protocol (ILP) for RTGS "Real-Time Gross Settlement" https://interledger.org/developer-tools/get-started/overview/ https://interledger.org/developer-tools/get-started/overview... > From https://interledger.org/rfcs/0032-peering-clearing-settlement/ https://interledger.org/rfcs/0032-peering-clearing-settlemen... : > Peering, Clearing and Settling; The Interledger network is a graph of nodes (connectors) that have peered with one another by establishing a means of exchanging ILP packets and a means of paying one another for the successful forwarding and delivery of the packets. > […] Accounts and Balances: The edge between any two nodes (peers) is a communication link (for exchanging ILP packets and other data), and an account held between the peers (the Interledger account). The Interledger account has a balance denominated in a mutually agreed upon asset (e.g. USD) at an agreed upon scale (e.g. 2). The balance on the account is the net total of the amounts on any packets “successfully” routed between the peers. > The balance on the Interledger account can only change as a result of two events: > 1. The “successful” routing of an ILP packet between the two peers > 2. A payment made between the peers on the underlying payment network they have agreed to use to settle the Interledger account And then you realize you're sharing payment address information over a different but comparably-unsecured channel in a non-stanfardized way; From https://github.com/interledger/rfcs/blob/master/0009-simple-payment-setup-protocol/0009-simple-payment-setup-protocol.md#relation-to-other-protocols https://github.com/interledger/rfcs/blob/master/0009-simple-... : > Relation to Other Protocols: SPSP is used for exchanging connection information before an ILP payment or data transfer is initiated To do a complete business process, there's – e.g. TradeLens, GSBN, and – signaling around transactions, which then necessarily depends upon another - hopefully also cryptographically-secured and HA Highly Available - information system with API version(s) and database schema(s) unless there's something like Interledger SPSP Simple Payment Setup Protocol and Payment Pointers, which also solve for micropayments to accountably support creators; https://WebMonetization.org/ https://WebMonetization.org/ .
- deleted 4y ago
  [deleted]
- winrid 4y ago
  My local county government is spending $25 million on a Salesforce database setup/migration. I think 15m is okay.
boberoni 4y ago
That sounds likes a $15 million design doc.
- donw 4y ago
  I think it's for the pre-design doc.
  - hackernewds 4y ago
    Terrible misuse of public funds. Why not just depend on a private entity with the right watchers in place?
    - res0nat0r 4y ago
      Some things the government does doesn't have to be profitable, it does them because it is a good thing for a government to do.
      - o_1 4y ago
        The government serves the people. A high value opportunity hasn't been slow payments. Poor tax code is way more expensive than anything else.
        donw 4y ago
        The government serves the government. "The people" only matter towards that end.
        largepeepee 4y ago
        The govt serves the people, but if there are corporations that can manipulate the people to think in their interests, they can get the govt to serve them.
        4y ago
nonethewiser 4y ago
Yikes, that's atrocious

jetrink 4y ago

Source (PDF): https://crsreports.congress.gov/product/pdf/IN/IN11977 https://crsreports.congress.gov/product/pdf/IN/IN11977 > In addition, the IRS would receive $15 million under this bill to fund a task force that would study the cost and feasibility of creating a free direct e-file program.

andsoitis 4y ago
And the next sentence: "The agency previously committed not to create its own tax filing software as part of an alliance called the Free File Program. In exchange, private tax filing software companies agreed to provide free services to low- and moderate-income taxpayers." And then continues: "Roughly 4% of eligible taxpayers used the Free File Program’s private providers to file their taxes in 2020. Intuit and H&R Block, who previously represented two-thirds of the program’s usage, both left the agreement in the past three years."

zionic 4y ago

$15 Million to “study”… “how they would implement it” How should I say it, “come on man”?

gkoberger 4y ago
Hey, I don't disagree government spending numbers can be crazy, but building a system for 330,000,000 people across 50 states that works flawlessly (and is responsible for trillions of dollars) isn't easy. I'm personally okay with $15M... that's like salaries for 25 people for two years. To put that number into perspective, TurboTax spent about that much money on lobbying alone from 2018-2012.
- nonethewiser 4y ago
  > building a system for 330,000,000 people across 50 states that works flawlessly (and is responsible for trillions of dollars) isn't easy Which is why they should pay real experts to do it. For less.
  - gkoberger 4y ago
    If I were an expert and the government came to me and my team with this project, I'd definitely charge at least $15M.
    - westurner 4y ago
      What do you think has been spent on developing Blockchain/DLT from 2007 to present? Is it more than $15m? Mostly amateur open source or corporate open source contributions? - Bitcoin has an MIT License, for example - XRPL and Stellar can do the payments volume; the TPS report; whereas otherwise you're building another Layer 2 system without Interledger. - Flare does EVM (Ethereum Virtual Machine) Smart Contracts with XRPL; $<0.01/tx, network tx fees are just burned, 5 second transaction/ledger close time. Notes re: Interledger addresses, SPSP, WebMonetization: https://westurner.github.io/hnlog/#comment-32515531 https://westurner.github.io/hnlog/#comment-32515531 , > From "NIST Special Publication 800-181 Revision 1: Workforce Framework for Cybersecurity (NICE Framework)" (2020) https://doi.org/10.6028/NIST.SP.800-181r1 https://doi.org/10.6028/NIST.SP.800-181r1 : >> 3.1 Using Existing Task, Knowledge, and Skill (TKS) Statements > (Edit) FedNOW should - like mCBDC - really consider implementing Interledger Protocol (ILP) for RTGS "Real-Time Gross Settlement" https://interledger.org/developer-tools/get-started/overview/ https://interledger.org/developer-tools/get-started/overview... > From https://interledger.org/rfcs/0032-peering-clearing-settlement/ https://interledger.org/rfcs/0032-peering-clearing-settlemen... : > Peering, Clearing and Settling; The Interledger network is a graph of nodes (connectors) that have peered with one another by establishing a means of exchanging ILP packets and a means of paying one another for the successful forwarding and delivery of the packets. > […] Accounts and Balances: The edge between any two nodes (peers) is a communication link (for exchanging ILP packets and other data), and an account held between the peers (the Interledger account). The Interledger account has a balance denominated in a mutually agreed upon asset (e.g. USD) at an agreed upon scale (e.g. 2). The balance on the account is the net total of the amounts on any packets “successfully” routed between the peers. > The balance on the Interledger account can only change as a result of two events: > 1. The “successful” routing of an ILP packet between the two peers > 2. A payment made between the peers on the underlying payment network they have agreed to use to settle the Interledger account And then you realize you're sharing payment address information over a different but comparably-unsecured channel in a non-stanfardized way; From https://github.com/interledger/rfcs/blob/master/0009-simple-payment-setup-protocol/0009-simple-payment-setup-protocol.md#relation-to-other-protocols https://github.com/interledger/rfcs/blob/master/0009-simple-... : > Relation to Other Protocols: SPSP is used for exchanging connection information before an ILP payment or data transfer is initiated To do a complete business process, there's – e.g. TradeLens, GSBN, and – signaling around transactions, which then necessarily depends upon another - hopefully also cryptographically-secured and HA Highly Available - information system with API version(s) and database schema(s) unless there's something like Interledger SPSP Simple Payment Setup Protocol and Payment Pointers, which also solve for micropayments to accountably support creators; https://WebMonetization.org/ https://WebMonetization.org/ .
deleted 4y ago
[deleted]
winrid 4y ago
My local county government is spending $25 million on a Salesforce database setup/migration. I think 15m is okay.

boberoni 4y ago

That sounds likes a $15 million design doc.

donw 4y ago
I think it's for the pre-design doc.
- hackernewds 4y ago
  Terrible misuse of public funds. Why not just depend on a private entity with the right watchers in place?
  - res0nat0r 4y ago
    Some things the government does doesn't have to be profitable, it does them because it is a good thing for a government to do.
    - o_1 4y ago
      The government serves the people. A high value opportunity hasn't been slow payments. Poor tax code is way more expensive than anything else.
      - donw 4y ago
        The government serves the government. "The people" only matter towards that end.
        largepeepee 4y ago
        The govt serves the people, but if there are corporations that can manipulate the people to think in their interests, they can get the govt to serve them.
        4y ago

nonethewiser 4y ago

Yikes, that's atrocious