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Wow, taxed based on how you use your computer huh? Doesn't sounds very American to me. What's next, taxed for fuzz testing? Taxed for using inefficient programm
by chunk_waffle 3y ago
Wow, taxed based on how you use your computer huh? Doesn't sounds very American to me. What's next, taxed for fuzz testing? Taxed for using inefficient programming languages?
FWIW I do not support the crypto space either, but if they want to use a computer to run an infinite loop for the end of time that's their business.
Perhaps spending more effort on improving the power grid and using more renewable resources would be a better effort?
- chunk_waffle 3y agoUpon further reflection perhaps this is the most American thing that could be done... The folks who got in early and made millions in Crypto reaped the benefit but no new comers could ever realize the same potential because we've taxed the snot out of it. Closed that loop hole (not that I have much faith in crypto anyway.)
- localplume 3y ago[dead]
- bb88 3y agoNo. You're taxed on how you're using energy. We're also taxed on how we use money. If we buy an electric car, we (used to) get a tax break. You could see a tax break on energy used to charge an electric car, say.
- shadowgovt 3y ago> but if they want to use a computer to run an infinite loop for the end of time that's their business I don't see anything in this proposal that would prohibit running an infinite loop for the end of time.
- ulrashida 3y agoThe article suggests this tax is proposed for cryptocurrency mining firms.