Importance

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Abstract

Method of capturing, by registered, paying consumers, consumer subsidizing payment contribution based tax benefits across a plurality of tax-qualified organizations and institutions participating within an internet-based tax benefit calculation and capture (TBRCC) network, and calculating and capturing tax benefits generated by consumers paying in excess of the cost of economic benefit(s) provided, with the excess of consumers' payments used to subsidize the receipt of identical or similar economic benefit(s) (e.g. services and/or goods) provided to other consumers in financial need. Further, providing registered, paying consumers with the ability to sell or trade their subsidizing payment contribution-generated tax benefit(s), or converted tax benefits, to other consumers and entities also registered and participating in the TBRCC network. Finally, providing full tax reconciliation between all registered, paying consumers, tax-qualified organizations and institutions, other consumers and entities, and all relevant taxing authorities.

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First Claim