Death And Taxes: IRS Official Recommends Policy on Virtual World Transactions

Second Life: Making the Real World a Better Place

 

If SecondLife or any other 3-D virtual reality is going to make a giant leap on the falling economy, then taxes will have to be a part of it.  Taxes pays for things that our government provides.  In that we can rightfully say, "We are the government."  This may be true in a small sense of the word, but the United States Government is a Republic Government.  That means that the government is responsible in doing their jobs while law abiding citizens are given the free will, under the law, to live out their lives.

Paying taxes is a very good thing.  There is more to unemployment then not getting a pay check.  I call this a "financial circle."  This means when the worker gets paid, he can invest it in savings, spend it, give it to support organizations, etc.  Another words, the money is in a constant flow that will in turn allow the employers to pay their employees to start the circle all over again.

When we can have the money to pay our share of taxes, we get better roads, schools, and all the other things that our government provides for its people.  The work that is being done, gives jobs to the people in the community also.  There is more involved in this "financial circle" then just a steady money flow.  That comes to show you that money is not the core factor.  When the economy fails, it is has to do with very poor structure.

This is the purpose of this blog posting, and many like it regarding 3-D virtual realities.  If the conventional jobs are not out there, then why?  Could it be due to NAFTA and the power it gave large companies that allowed them to kill nearly 900,000 jobs over a very short period of time?  The question that may needs to be asked if the last statement is true, "Did the structure fail before NAFTA?  What structures did fail and how can we all including our government do to fix things?

Business of Second Life

part2 | part 3 | part 4

(The parts are in the right order in this posting, but it may not look that way on YouTube.  Someone goofed on YouTube in number order)

Believe it or not, many companies found that solution.  They are making tons of money right now in a very popular and very powerful 3-D virtual reality called, SecondLife.  If they are making that much money, then they should be paying taxes on it if they are bringing it tot he real world.  This proper and these businesses should be doing this voluntarily.  Sad to say, IRS has to be ugly in order for businesses, employees, and everyone else to due their rightful duty in paying their fair share in taxes.

It is true the exchange rate of moving virtual money to the real world is high.  No one gets 1:1 ratio of virtual money to real life money.  If that was the case, all of us would be billionaires.  I am hoping as more and more uses the 3-D virtual environment to improve life in the real world, then that exchange rate can lower to what it is now.  If that is the case, then it would be proper to pay the same amount of taxes we all do in real life.  If we are going to help improve the economy then that would be how to do it.

Right now, people are making money online.  How is a 3-D virtual reality any different?  There is not such thing as "easy money."  That is not what I am talking about.  All those infomercials are a load of lies and deceitfulness.  I am talking about using an advanced technology for businesses to make money in the real world.  This technology is a 3-D virtual reality.

Right now, SecondLife is the leading venue of this 3-D virtual reality.  I hope one day, more and more different systems will start popping up and become even greater then SecondLife is today.  Competition is the driving factor in a Capitalistic society, like the United States of America.  If one organization is the only leading provider of anything, they will in time slump back and stop progressing.  This is a constant aspect in life.  History has shown this to be true on all aspects of life itself.

For any form of 3-D virtual reality to work in the real world as far as our economy is concerned, then it must work on all aspects to function and grow.   Paying taxes is a very vital part of it.  Having that "financial circle" constantly moving makes all the difference.  That is why the United States of America has not fallen completely.  We can still function due to that "financial circle" still in motion.  Right not that circle has a few pot holes along its path, but it is still moving.

 

Blessed Be to Isis and you,

 

 

Real Name:  Brandon Bowers

 

Death And Taxes: IRS Official Recommends Policy on Virtual World Transactions