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A comment on Cash must be king, Italy PM Giorgia Meloni tells shoppers. Parent comment

Re:Cash must be king, Italy PM Giorgia Meloni tells shoppers by rhaway84773 on Friday December 02, 2022 @01:29AM (#33827513)
I suspect you live in a country where tax evasion is fairly low.

Extremely high tax evasion (as in Greece around the financial crisis) can be absolutely debilitating for countries and their economies.

Privacy doesn’t mean much when you have 40% unemployment and people can’t get jobs to feed their families.

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Re:Cash must be king, Italy PM Giorgia Meloni tells shoppers by knewter on Friday December 02, 2022 @01:37AM (#33827564)
Your contention is that high tax rates lead to low unemployment? I feel like this is an easy hypothesis to test with data.
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Re:Cash must be king, Italy PM Giorgia Meloni tells shoppers by oivey on Friday December 02, 2022 @01:50AM (#33827660)
No, GP is referencing the Greek financial collapse and accompanying austerity measures. They made no reference to the tax rate being high, and even if it was, tax evasion to get around that is unsupportable.

I also highly doubt it’s an easy hypothesis to test. It’s not like you can set up an experiment. Good luck linking correlation to causation given the highly unique conditions in every country.

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Re:Cash must be king, Italy PM Giorgia Meloni tells shoppers by pvaldes on Friday December 02, 2022 @04:49AM (#33828615)
To be fair, the Greek government fleeced them first in the big scam, at an level non-previously seen before. The lack of trust is understandable.
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Re:Cash must be king, Italy PM Giorgia Meloni tells shoppers by ImpulseGuided on Friday December 02, 2022 @05:58AM (#33828960)
>the Greek government fleeced them first in the big scam

For somebody who is not so familiar with Greek history: What are you referring to here? What was this scam you're speaking of?

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