Re:Cash is for criminals: Why we should scrap big notes
by upofadown on Tuesday November 29, 2016 @04:20AM
(#13061870)
>Beyond the more heinous crimes of human and drug trafficking and terrorism, ...
So prostitution and drugs. IOW, black market stuff. Things we are not supposed to be doing. Social problems that we attempt to resolve through law enforcement. Oh, and terrorism, even though that doesn't really make any sense.
> ... some earners hoard their money to avoid tax.
That doesn't really make any sense either. You need to use cash to do transactions to avoid sales tax and get paid for work in cash to avoid income taxes.
So prostitution and drugs. IOW, black market stuff. Things we are not supposed to be doing. Social problems that we attempt to resolve through law enforcement. Oh, and terrorism, even though that doesn't really make any sense.
> ... some earners hoard their money to avoid tax.
That doesn't really make any sense either. You need to use cash to do transactions to avoid sales tax and get paid for work in cash to avoid income taxes.