4 ms·
Except that you can be paid in cash and buy things with cash and leave no hard evidence of your income. Most illegal things are impossible to completely prevent
by ball_of_lint 8y ago
Except that you can be paid in cash and buy things with cash and leave no hard evidence of your income. Most illegal things are impossible to completely prevent but the punishments keep many from doing them anyways.
- whamlastxmas 8y agoThe incredible vast majority of major purchases cannot be done in an untraceable manner. Cars, yachts, planes, property, art. The businesses that sell these items necessitate a paper trail. And because you cannot spend more than the income you have been taxed on (minus legal gifting limits which again have a paper trail) it is extremely difficult to hide your income without leaving an obvious trail from the expensive things you buy
- perfmode 8y agoI’m not arguing from absolutes. I’m saying that there is something inherent in income that makes it more visible than wealth.