IssueRaiser

> The view from the other side is that people can't get an unfair edge anymore by not paying taxes.

> The view from the other side is that people can't get an unfair edge anymore by not paying taxes. It's mostly rich people and corporations that are not paying taxes through legal holes, off shore accounts, special tax breaks from their pals in the gov etc, and they'll continue to do so, cash or not. Heck, they already do it with virtual money. And seeing as 10% of the population (or less) holds 80% of the money, it's those few that the big losses result from. > Gang criminality can be fought of more easily simply because it will harder for them to earn money illegally. There are lots of ways they can launder their virtual money. Mafia has tons of reputable establishments for example. A guy gets his drugs and in return has to buy X or Y overpriced good with a credit card.

Posted by coldtea on Jul 25, 2015, 11:26 PM

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hackernews (Other)

> The view from the other side is that people can't get an unfair edge anymore by not paying taxes.

coldteaJul 25, 2015, 11:26 PM

> The view from the other side is that people can't get an unfair edge anymore by not paying taxes. It's mostly rich people and corporations that are not paying taxes through legal holes, off shore accounts, special tax breaks from their pals in the gov etc, and they'll continue to do so, cash or not. Heck, they already do it with virtual money. And seeing as 10% of the population (or less) holds 80% of the money, it's those few that the big losses result from. > Gang criminality can be fought of more easily simply because it will harder for them to earn money illegally. There are lots of ways they can launder their virtual money. Mafia has tons of reputable establishments for example. A guy gets his drugs and in return has to buy X or Y overpriced good with a credit card.

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