196
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 23 Jul 2024
196 points (95.4% liked)
Europe
1509 readers
331 users here now
News and information from Europe 🇪🇺
(Current banner: La Mancha, Spain. Feel free to post submissions for banner images.)
Rules (2024-08-30)
- This is an English-language community. Comments should be in English. Posts can link to non-English news sources when providing a full-text translation in the post description. Automated translations are fine, as long as they don't overly distort the content.
- No links to misinformation or commercial advertising. When you post outdated/historic articles, add the year of publication to the post title. Infographics must include a source and a year of creation; if possible, also provide a link to the source.
- Be kind to each other, and argue in good faith. Don't post direct insults nor disrespectful and condescending comments. Don't troll nor incite hatred. Don't look for novel argumentation strategies at Wikipedia's List of fallacies.
- No bigotry, sexism, racism, antisemitism, dehumanization of minorities, or glorification of National Socialism.
- Be the signal, not the noise: Strive to post insightful comments. Add "/s" when you're being sarcastic (and don't use it to break rule no. 3).
- If you link to paywalled information, please provide also a link to a freely available archived version. Alternatively, try to find a different source.
- Light-hearted content, memes, and posts about your European everyday belong in !yurop@lemm.ee. (They're cool, you should subscribe there too!)
- Don't evade bans. If we notice ban evasion, that will result in a permanent ban for all the accounts we can associate with you.
- No posts linking to speculative reporting about ongoing events with unclear backgrounds. Please wait at least 12 hours. (E.g., do not post breathless reporting on an ongoing terror attack.)
(This list may get expanded when necessary.)
We will use some leeway to decide whether to remove a comment.
If need be, there are also bans: 3 days for lighter offenses, 14 days for bigger offenses, and permanent bans for people who don't show any willingness to participate productively. If we think the ban reason is obvious, we may not specifically write to you.
If you want to protest a removal or ban, feel free to write privately to the mods: @federalreverse@feddit.org, @poVoq@slrpnk.net, or @anzo@programming.dev.
founded 4 months ago
MODERATORS
How are you going to audit cashless businesses that invoice one price and take another and how much is that going to cost? We're talking about likely widespread issue that needs solving systemically, not with adhoc actions.
Dude, tax collection has been optimized for hundreds of years before we even had electronic money.
They even got Al Capone.
Money laundering is the opposite of tax evasion. If you don't understand that those two things are not the same, then I can't really help you.
All of you guys focus on some billionaires, mafia bosses etc but we're talking about 3k/10k EUR limits.
I'm asking how do you audit cash-heavy businesses doing petty tax fraud cost effectively?
You weren't asking anything. You were just lumping things together.
To audit tax fraud, just audit the books. If a restaurant is full on a Friday night, but the books show few sales, then you have your evidence.
If someone buys a new car and has a nice house, but claims their business is hardly making profit, then the tax authority can demand they explain the source of their income.
Again, this is how they got Al Capone 100 years ago.
Money laundering is much more difficult and it's the opposite. Because the laundering restaurant can just write in the books that they sold 100 more cocktails on a Friday night, paid by cash. And they also pay the required tax on it.
To combat money laundering, you need to audit the customers of the establishment, which is why they want to reduce the usage of cash.
But instead of turning the EU into East Germany, we should just stop criminalizing vices and regulate that, which is the main source of dirty money.
Seems like your solution costs more than it brings to the budget and all that you're gaining is false sense of privacy.
I am not proposing any new solution. Tax collection agencies across the European Union already audit businesses and it's a revenue generating activity.
So you're fine with tax collection being ineffective, got it. All taxation is theft and so on, right?
Dude, I have talked to AI bots that are more intelligent than this
Tax collection is very effective. Extremely effective, even.
That's my whole point.