You say that this could be yet another datapoint for the IRS to collect taxes with.
The example you use has the number of Foursquare (and I'm sure Facebook) checkins within the statistical amount of noise for the actual number of people who visit the venue.
The example you give in this thread is a corporation who undoubtably has a team of dozens if not hundreds of tax attorneys on staff to ensure that the company pays exactly the amount of tax they owe, at the federal state and local levels, and not one cent more or less.
But let's take it a step further, and say that Joe's Ajax Factory in East Blogentry, California is skimming off the register. Okay-- so now you need some city clerk in East Blogentry to run this magical data analysis software which says Joe isn't putting enough into the city coffers?
Again-- this is a laughable idea. Even if the software were completely accurate (which is impossible) and admissible for a local tax audit (which it wouldn't be), and the amount of local taxes that you recouped were more than the TCO of this software (which it wouldn't be), you're assuming that the unscrupulous store owner (undoubtably laundering money a la Office Space) would just sit back and take it?
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That's nonsense. There are 20k Starbucks in the world, this is one.
http://en.wikipedia.org/wiki/Starbucks
Congratulations on completely missing my point.
You say that this could be yet another datapoint for the IRS to collect taxes with.
The example you use has the number of Foursquare (and I'm sure Facebook) checkins within the statistical amount of noise for the actual number of people who visit the venue.
The example you give in this thread is a corporation who undoubtably has a team of dozens if not hundreds of tax attorneys on staff to ensure that the company pays exactly the amount of tax they owe, at the federal state and local levels, and not one cent more or less.
But let's take it a step further, and say that Joe's Ajax Factory in East Blogentry, California is skimming off the register. Okay-- so now you need some city clerk in East Blogentry to run this magical data analysis software which says Joe isn't putting enough into the city coffers?
Again-- this is a laughable idea. Even if the software were completely accurate (which is impossible) and admissible for a local tax audit (which it wouldn't be), and the amount of local taxes that you recouped were more than the TCO of this software (which it wouldn't be), you're assuming that the unscrupulous store owner (undoubtably laundering money a la Office Space) would just sit back and take it?