In France, it’s technically illegal to pay more than €1000 cash for anything. Because terrorism. Though I suspect it’s really because of extremely high rates of

In France, it’s technically illegal to pay more than €1000 cash for anything. Because terrorism. Though I suspect it’s really because of extremely high rates of tax evasion. Anytime a worker does anything at my house, there is always the quiet option of “sans facture” which means taxes are avoided for the purchase, but also it allows the worker to pretend he never received that income for income tax purposes. There is seemingly a dual economy — an unintended consequence (though completely foreseeable) of confiscacatory tax policy. If the tax rate were 10%, fewer people would bother evading and tax revenues would logically increase (per the Laffer Curve.)