Will Vericoin pay taxes and will that be public record?
i think as long as bitcoin does it, vericoin is good to go

My concern is whoever controls VeriFund has to pay taxes. Everytime someone uses VeriSend, Veribit, or in the future pay with credit card is a taxable event. I'm not 100% sure how Verisend works, but changing Vericoins to BTC is technically a taxable event. Buying VRC with credit cards in the future definitely will be.
Are you a tax professional?
Or are you assuming this? What is your background in this field?
I'll say it again, here are tax laws im assuming you feel are being violated.
State and local revenue (income) taxes
Again, there's no general rule that applies in every state and city. Sometimes all nonprofit income is exempt. Sometimes it matters how the income was earned, or what it's for. Sometimes the state or local rules parallel the federal tax statutes; sometimes they are completely different.
So where is the specific issue?