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<p>[QUOTE="Kasia, post: 1298499, member: 31533"]Interesting article. Seems though that it only pertains for the Seller to not pay cash to people, not for consumers to not pay cash for their purchases. </p><p><br /></p><p>I think it simply is a way to address the fact that stores that buy things from people "off the street" so to speak are now required to have a paper trail (as opposed to a non paper trail of "cash") to account for their inventory. The state sure will come out better in that some businesses might be paying X amount of cash for something, then claiming they spent more on that item, so that when it's sold, the "income" off the sale is less, and they have to pay less to the state, or are subverting some of the money to themselves tax free. But most of the businesses I've dealt with either have a paper trail with paying by check anyways.</p><p><br /></p><p>That's what I got from it anyways, just a state wanting to ensure more money in their coffers if possible.[/QUOTE]</p><p><br /></p>
[QUOTE="Kasia, post: 1298499, member: 31533"]Interesting article. Seems though that it only pertains for the Seller to not pay cash to people, not for consumers to not pay cash for their purchases. I think it simply is a way to address the fact that stores that buy things from people "off the street" so to speak are now required to have a paper trail (as opposed to a non paper trail of "cash") to account for their inventory. The state sure will come out better in that some businesses might be paying X amount of cash for something, then claiming they spent more on that item, so that when it's sold, the "income" off the sale is less, and they have to pay less to the state, or are subverting some of the money to themselves tax free. But most of the businesses I've dealt with either have a paper trail with paying by check anyways. That's what I got from it anyways, just a state wanting to ensure more money in their coffers if possible.[/QUOTE]
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