Replying to Avatar pollywog

What uses of electricity are permissible under the law? If they are going to tax me for running a simple hashing algorithm, I want all owners of PS5s to pay the same tax. It's a waste of electricity to game.
Avatar
Plebāš” 2y ago

I'm not that familiar with US tax law. But isn't there occupational taxes and license tax? Wouldn't tax on miner can be considered the same as that.

As an occupation may be taxed on a fixed dollar amount per license, while other occupation tax is based on a percentage of a revenue.

Reply to this note

Please Login to reply.

Discussion

Avatar
pollywog 2y ago

I don't believe those are federal. I believe they are local. Further, lawmakers would have to justify why using the same algorithm to do activity X requires no taxes but using it do activity Y requires taxes.