Re:In our cashless society, we need to take digital jail ser...
by decafninja on Tuesday February 22, 2022 @10:25PM
(#30437224)
Not sure I understand. Do you mean from the point of view of the merchant?
From the point of view of the consumer, I don't think I've ever done anything differently in regards to tax paperwork with regards to differences in method of payment.
Even from the merchant's point of view, I would imagine credit card payments are easier to keep track of for documenting purposes. Unless, of course, your intention is tax evasion, which I know quite a few merchants (including family) do with cash.
Re:In our cashless society, we need to take digital jail ser...
by thfuran on Tuesday February 22, 2022 @11:10PM
(#30437495)
The only thing they could mean is tax evasion. Otherwise the built-in transaction history make credit cards far, far more convenient than cash for record keeping.
Re:In our cashless society, we need to take digital jail ser...
by walterbell on Wednesday February 23, 2022 @12:46AM
(#30438072)
Modern point of sale systems generate a transaction history for accounting, including cash transactions.
The inconvenience of credit cards manifests itself after making the payment: when you're filling taxes, or when whatever information derived from your payments is used against you.
You're trading immediate versus delayed inconvenience.
At least that was the argument. I won't argue that most people will never feel these second order inconveniences.