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A comment on Why Germans pay cash for almost everything. Parent comment

Re:Why Germans pay cash for almost everything by _Codemonkeyism on Tuesday August 08, 2017 @12:49PM (#14959719)
Margins in many businesses are razor thin in Germany. Which is the reason Walmart and others stopped doing business in Germany. For many businesses 1-2% transaction cost is the difference between success and failure.

But yes tax avoidance is a huge problem in restaurants in Germany.

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Re:Why Germans pay cash for almost everything by deftturtle on Tuesday August 08, 2017 @01:47PM (#14960416)
How do they pay their employees if margins are razor thin? They'd have to operate on a huge scale to have enough profit to cover expenses and especially payroll. I would love to see a comparison of the balance sheets between some German and U.S. small businesses. Small businesses don't have the huge scale to live on a razor thin margin, so that's why I'm curious.
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