Bank of England and Treasury think UK is 'likely' to need digital currency

Re:Bank of England and Treasury think UK is 'likely' to need... by vagabund on Saturday February 04, 2023 @08:11PM (#34660471)

Is tax avoidance/evasion not a part of taxable income elasticity? My understanding was that it is

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Re:Bank of England and Treasury think UK is 'likely' to need... by 2Crisp on Saturday February 04, 2023 @11:44PM (#34661956)

I suppose it could be fine to include it that way... Ie. A cash based world where tax evasion is harder to detect would have higher elasticity of taxable income. It's also true that the model does not require any tax evasion at all.

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