7 ms·

Nothing to do with "fighting corruption" (or else a literal convicted felon wouldn't be head of ECB, - lol, lmao even) they just want to monitor you more.

by oxff 4y ago

geysersam 4y ago
Why wouldn't it have to do with fighting corruption?
- cjbgkagh 4y ago
  There is a ton of corruption going on at much higher dollar values and governments do very little about it - corrupt businessmen tend to be the most reliable donors.
  - geysersam 4y ago
    Yes but why do you think they are not working to prevent that at the same time?
- coldtea 4y ago
  Because those in power thrive and support corruption at very high levels. This is for poor schnucks and the occasional scapegoat.
  - geysersam 4y ago
    We have to fight corruption at every level.
cjbgkagh 4y ago
Specifically Christine Lagarde was found guilty of 'carelessly' giving a massive payout of taxpayers’ money to controversial French businessman Bernard Tapie.
mgbmtl 4y ago
To monitor for... corruption? From the point of view of the state, tax evasion these days is by far the highest priority.
- mytailorisrich 4y ago
  I can't find a single sensible reason why tax evasion would be the highest priority of EU governments... IMHO there are pages of more pressing issues.
  - mgbmtl 4y ago
    Sure, but those other problems need funding.
    - mytailorisrich 4y ago
      Tax levels are high and tax are being collected. Governments aren't short of money because of tax evasion. Tax evasion is not a top priority however you look at it... the argument sounds like "but think of the children" to justify things that are actually motivated by other aims and/or ideological reasons.
      - pastacacioepepe 4y ago
        My country loses about €32 billions in yearly income due to tax evasion. That's the amount of money that could change many lives if used right. Instead we're cutting benefits to the poor bto reduce our deficit. Tax evasion is a top priority.
        CogitoCogito 4y ago
        Another solution is to just increase taxes until you end up with €32 billion in increased revenue. An advantage is also that this solution is actually _possible_ (as opposed to getting rid of all tax evasion).
cm2187 4y ago
It's a form of social credit system, china style. You cannot live without a bank account these days, but if you piss off the governemnt, they will take it away from you, like Trudeau did. I am sure there are some benefits to living into this system, doesn't mean it's a good idea to do it.
peoplefromibiza 4y ago
nothing says "already paid" as a credit card transaction. Maybe you prefer to keep paper receipts for tens of years and prove they are legit, I honestly don't.
- mdp2021 4y ago
  What we «prefer» - sorry, radically "will" - is to live in dignity. This implies, no record of personal purchases around. The current "fight against cash" goes in direction of that risk.
  - peoplefromibiza 4y ago
    > This implies, no record of personal purchases around. What's stopping peoole to do it? I regularly pay my drinks cash. I never paid a beer more than 10k though... > The current "fight against cash" goes in direction of that risk. I'm glad that when I pay someone for something they can't say I didn't do it and ask for the money again. That includes the State. I paid my taxes, here's the proof. I already paid my energy bill, here's the statement from the bank, have a good day. Besides, what you are talking about has nothing to do with limits to cash transactions, I am honestly scared by the idea of going around with 10k in a bag to pay for something only a fool or a criminal would actually do it and feel comfortable about it. it's betting against bad luck and I an quite sure that I would not win. Are you sure that you are going to the appointment with the seller with 12k in cash and they are not showing up with guns and rob you? And what would you do then? Go to the police? that first thing will do is ask you why you were going around with that much cash in a bag. Thanks, but no thanks.
    - mdp2021 4y ago
      > What's stopping peoole to do it? Bad question. Good question instead: "What seems to be the trend which may be at some point stop people from doing it". > what you are talking about You do not get the point. Of course one is glad to have the ability to prove transactions that one wants to be recorded; the issue is with the threats to the ability of carrying on transactions that one does not want to be recorded.

Nothing to do with "fighting corruption" (or else a literal convicted felon wouldn't be head of ECB, - lol, lmao even) they just want to monitor you more.

by oxff 4y ago

Nothing to do with "fighting corruption" (or else a literal convicted felon wouldn't be head of ECB, - lol, lmao even) they just want to monitor you more.

geysersam 4y ago

Why wouldn't it have to do with fighting corruption?

cjbgkagh 4y ago
There is a ton of corruption going on at much higher dollar values and governments do very little about it - corrupt businessmen tend to be the most reliable donors.
- geysersam 4y ago
  Yes but why do you think they are not working to prevent that at the same time?
coldtea 4y ago
Because those in power thrive and support corruption at very high levels. This is for poor schnucks and the occasional scapegoat.
- geysersam 4y ago
  We have to fight corruption at every level.

cjbgkagh 4y ago

Specifically Christine Lagarde was found guilty of 'carelessly' giving a massive payout of taxpayers’ money to controversial French businessman Bernard Tapie.

mgbmtl 4y ago

To monitor for... corruption? From the point of view of the state, tax evasion these days is by far the highest priority.

mytailorisrich 4y ago
I can't find a single sensible reason why tax evasion would be the highest priority of EU governments... IMHO there are pages of more pressing issues.
- mgbmtl 4y ago
  Sure, but those other problems need funding.
  - mytailorisrich 4y ago
    Tax levels are high and tax are being collected. Governments aren't short of money because of tax evasion. Tax evasion is not a top priority however you look at it... the argument sounds like "but think of the children" to justify things that are actually motivated by other aims and/or ideological reasons.
    - pastacacioepepe 4y ago
      My country loses about €32 billions in yearly income due to tax evasion. That's the amount of money that could change many lives if used right. Instead we're cutting benefits to the poor bto reduce our deficit. Tax evasion is a top priority.
      - CogitoCogito 4y ago
        Another solution is to just increase taxes until you end up with €32 billion in increased revenue. An advantage is also that this solution is actually _possible_ (as opposed to getting rid of all tax evasion).

cm2187 4y ago

It's a form of social credit system, china style. You cannot live without a bank account these days, but if you piss off the governemnt, they will take it away from you, like Trudeau did. I am sure there are some benefits to living into this system, doesn't mean it's a good idea to do it.

peoplefromibiza 4y ago

nothing says "already paid" as a credit card transaction. Maybe you prefer to keep paper receipts for tens of years and prove they are legit, I honestly don't.

mdp2021 4y ago
What we «prefer» - sorry, radically "will" - is to live in dignity. This implies, no record of personal purchases around. The current "fight against cash" goes in direction of that risk.
- peoplefromibiza 4y ago
  > This implies, no record of personal purchases around. What's stopping peoole to do it? I regularly pay my drinks cash. I never paid a beer more than 10k though... > The current "fight against cash" goes in direction of that risk. I'm glad that when I pay someone for something they can't say I didn't do it and ask for the money again. That includes the State. I paid my taxes, here's the proof. I already paid my energy bill, here's the statement from the bank, have a good day. Besides, what you are talking about has nothing to do with limits to cash transactions, I am honestly scared by the idea of going around with 10k in a bag to pay for something only a fool or a criminal would actually do it and feel comfortable about it. it's betting against bad luck and I an quite sure that I would not win. Are you sure that you are going to the appointment with the seller with 12k in cash and they are not showing up with guns and rob you? And what would you do then? Go to the police? that first thing will do is ask you why you were going around with that much cash in a bag. Thanks, but no thanks.
  - mdp2021 4y ago
    > What's stopping peoole to do it? Bad question. Good question instead: "What seems to be the trend which may be at some point stop people from doing it". > what you are talking about You do not get the point. Of course one is glad to have the ability to prove transactions that one wants to be recorded; the issue is with the threats to the ability of carrying on transactions that one does not want to be recorded.