2 ms·
Bullshit. It's no different than companies accepting cash payments. Obviously the goal of the tax authorities is to be able to track everything, but that's jus
by Canada 5y ago
Bullshit. It's no different than companies accepting cash payments.
Obviously the goal of the tax authorities is to be able to track everything, but that's just not right. It's not okay for governments to be able to track and every financial transaction or freeze any asset, even if that means some can cheat on taxes or hide money from creditors in bankruptcy.
Any business with significant cashflow will not be able to get away with it anyway, and the level of control necessary to achieve perfect enforcement is too dangerous to allow authorities to have.