2 ms·
Knowing everyone else is playing by the same rules has value to me. I'd limit property purchases and political finance to domestic -earned wealth. You'd be abl
by oliwarner 4y ago
Knowing everyone else is playing by the same rules has value to me.
I'd limit property purchases and political finance to domestic -earned wealth. You'd be able to import wealth, but you pay tax on it and its person of ingress goes on record. Too much of this country is bought and bribed with dark money.
I'd apply HMRC/money-laundering checks at 1k, not 10k to stop people working for cash. We've had some building work this last year and about half the trades and suppliers offered "cash prices", to the tune of £30k lost tax revenue. Fired one guy for moaning about immigrants and then offering cash rates.
Countries like Greece and Italy nearly collapsed because of nonfunctional revenue systems. We're pissing around with IR35 when what we need is an army of auditors or traceable currency.
And yes, per the sibling comment, this would have to be the only currency. Half measures have no benefits here.