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That's less than 2 bills here (Switzerland) . Absolutely insane. Why even print cash at that point? I doubt this brings in any more money in taxes and I would
by sschueller 4y ago
That's less than 2 bills here (Switzerland) . Absolutely insane. Why even print cash at that point?
I doubt this brings in any more money in taxes and I would bet it's so small of an amount compared to the legal tax loopholes which the "big guys" use that it only hurts the general public than solve their tax issues.
- _-david-_ 4y agoIt is not about taxes. It is about surveillance. If you don't use physical cash they can more easily track you.
- hoffs 4y agoIt is about taxes and shadow economies, not about more tracking.
- AussieWog93 4y agoYou have >€850 bills in Switzerland!?
- JumpCrisscross 4y ago> you have >€850 bills in Switzerland!? Yes, the 1’000 Fr. note [1]. [1] https://en.m.wikipedia.org/wiki/Banknotes_of_the_Swiss_franc https://en.m.wikipedia.org/wiki/Banknotes_of_the_Swiss_franc
- 42e6e8c8-f7b8-4 4y ago>"Why even print cash at that point?" That is the point. The governments of the world hate any privacy you have. They're just turning the screws until they can get rid of cash.