| |
Portland,
Ore., April 1, 2000
- Regardless of how much they paid in taxes this year, Americans will
soon be able to name the price they pay Uncle Sam, and save every
time they send in a 1040 (simple or other). Consumers will be able
to literally ignore the price on the bottom line by using a new Internet
service being introduced by priceline.com.
The
creation of the new service represents the first time that consumers,
who once thought TurboTax was a cool idea, will be able to use the
power of the Internet to lessen their tax burden.
Paul
Colligan, big fan of priceline.com, predicts the new service will
profoundly alter the balance of power between American's and the
government they once found themselves working for.
"The
rich have been naming their price for taxes since the beginning,"
Colligan said. "The Internet promises to provide the little
guy the same off-shore and tax break wonders once only attainable
by that 90210 zip code," said Colligan, who also claims to
have made more than his share of taxes this year.
"Until
recently, the Internet has been primarily about shopping and those
cute little "under construction" signs," said Colligan.
"Naming your own price to taxes is a different approach - but
one that makes a lot of sense. You figure out how much it is worth
to you to get that pothole filled and, darn it, pay for it online.
The IRS knows that a bird in the hand will always be worth 2,000
in the bush and heck, it sure does cut down on the paperwork - and
I'm all for that as well."
With
Priceline for Taxes, taxpayers can expect to save whatever the heck
they want, and sometimes more. The secret to the savings? Volume.
For example, participating IRS offices pay Priceline a few cents
on the dollar to actually get people to pay at least something to
an overburdened system that really has no idea how much you owe
or should pay. To quote Colligan's grandmother, "Sure beats
a sharp stick in the eye."
Finally,
Priceline for Taxes expects third world governments to support the
system with additional savings in return for citizenship in places
you never heard of.
About
Priceline for Taxes
Priceline
for Taxes, a private licensee of priceline.com, allows consumers
to name their prices online. The company launched its first service
for parking tickets in the NY metropolitan area on April 1, 1999.
In its first 150 days of operation, Priceline for Taxes has enrolled
more than 350,000 active members (equal to over 4 percent of all
households in the NY metro area) with over 85 percent of sales already
coming from repeat members.
Priceline
for Taxes has been the fastest growing Priceline service ever, with
over 15 million dollars collected to date. In the New York and Philadelphia
areas, members are on track to pay over 20 bucks alone to pay for
rent on the Senate Building so that Hillary might have some where
to go when they kick Bubba out of the White House.
By
teaming up with local IRS Offices, Priceline for Taxes delivers
savings, not 1040s. With no warehouses, offices, or inventory, Priceline
for Taxes has quickly become the largest online taxpaying service
in the US and the Internet's No. 1 e-commerce sales leader in terms
of items.
|
|