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Re: just watched the under card

By: Cactus Flower in ALEA | Recommend this post (0)
Wed, 11 Nov 15 7:33 AM | 92 view(s)
Boardmark this board | The Trust Matrix 		Msg. 17543 of 54959
(This msg. is a reply to 17541 by tkc)
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"What would happen if no one paid cash and only used credit/debit/digital payment?"

The NSA, IRS, FBI et al would know every commercial transaction you ever undertook.

How would a punter reward a stripper? Insert a card?

There's value in the privacy and flexibility of cash.


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The above is a reply to the following message:
just watched the under card
By: tkc in ALEA
Wed, 11 Nov 15 7:10 AM 		Msg. 17541 of 54959

And I must apologize for this thought. As Jindal was pontificating I wondered how much money would flow into State and Local govs. if all gas stations, convenience stores and strip motels had to pay sales taxes on all their actual sales. On what their real payroll taxes should be. On how much federal income tax is avoided. There can not be more than 11 adult u.s.citizens that don't know what goes on in these cash businesses. What would happen if no one paid cash and only used credit/debit/digital payment?

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