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They're first to embrace technology, because digital money is money that can be tracked. So the tax "take" will be higher with digital money than with cash. Hig
by charlesdm 7y ago
They're first to embrace technology, because digital money is money that can be tracked. So the tax "take" will be higher with digital money than with cash. High tax countries have all the incentives to go digital as soon as possible.
- jlangenauer 7y agoGermany is a reasonably high-taxing country, but their obsession with using cash borders on the infuriating.
- lixtra 7y agoBut it’s the citizens that are attached to cash. Not the government nor the businesses.