Re:Harvard Economist Is Trying to Kill Cash
by HarryHirsch on Saturday September 10, 2016 @09:04AM
(#12468997)
On the other hand, the Byzantine Empire as all cash, but the fiscus managed to keep tax evasion at reasonable levels by taxing items where they cannot be hid. The main points of taxation was real estate at village level and wholesellers at merchant fairs.
Getting rid of cash would prevent tax evasion, but only for those that cannot afford tax shelters like Panama or the Double Irish with Dutch Sandwich with profit moved to the Cayman Islands.
Getting rid of cash would prevent tax evasion, but only for those that cannot afford tax shelters like Panama or the Double Irish with Dutch Sandwich with profit moved to the Cayman Islands.