Home Forums Hunting & Shooting Hunter's Campfire No more cash?

A few days ago, I discovered a place that absolutely would not take cash green money, only credit cards. Took my wife to the Yuma AZ airport to catch a flight out, went to exit the parking lot, machine that controlled the exit gate would only take credit cards, no cash at all. If you dont have a credit card, you aint gettin' out of that parking lot. First time I have encountered something like this.

So, the City of Yuma had to pay Visa $3.00 to process my $1.00 fee to get out of the parking lot ?

Probably a lot cheaper to not have to pay someone to deal with the cash in the machines. Where are you getting a $3.00 fee? Probably less than 30 cents.

There are lots of places now that do not accept cash - mostly to prevent employee theft. I think we'll see more and more of it.

Worse, I see a day when the only way you'll be able to pay will be with your smart phone. Or to identify yourself, for that matter. To my mind that's scary. And not just because it'll force me to get one of the damn things.

I pray for the day there is no more cash. Costs too much to print and protect from counterfeiting. Also all the tax cheats who shove unreported cash in there pockets and don't pay their fair share of taxes. Bring it on!!
Also, let's do away with any business deductions and expenses. Tax every business a percentage on total gross sales. Very little accounting. Figure your tax burden when figuring out your sale price of goods or services. Would do away with receipts, decisions on what's an admissable deduction etc. No depreciation crap. Easy and open and fair. Would stop the Amazon's, Apples,etc from paying little to no tax.

What about "Legal tender for all debts public and private?"

Most Bolsheviks do.

Not a commie. Just outdated.

Well, that’s racist, lots of them dindus don’t have credit cards. How can they be expected to have a job, be responsible enough to hold a job, be gainfully employees long enough to get credit. How can they get credit if they don’t have an ID. You know it’s a hardship to get an ID.

I’m going to write my congressman about this! Racist, racist, racist!!!!!


I think we should give them layabouts a free credit card so they won’t be inconvenienced.

Typical proglibbieleft thinking, scott. Tax THEM. Not you, of course. Just everybody else.

I pay my share. I work for a large company who reports every dollar I earn. I cannot hide or not report my earning. I have never taken anything but the standard deductions and pay what tax it says I owe. (Whether I like it or not).
I'm just tired of some of my friends and even family who are liberal, vote for every tax and program, but hide half their income and cheat the system they helped create.
I'm also tired of companies such as the one I work for, blow money on unnecessary travel, bogus meetings, etc and pay less tax than the people who work for them.

So you'd be fine if the company you work for had to pay higher taxes and as a result had to fire some people. You, for example?

You obviously didn’t think that post through.

Tax is going to be a MF this April. I’ve worked a ton of overtime, wifey makes a lot, I just started SS last March. They ain’t taking tax out of it, decide not to have it taken out until I retire. I bet we will pay 55,000 between the two of us. We should be supporting at least two dindu’s!

I'd be fine if we all played by the same rules. Our CEO makes over 20 million a year. Theres layer upon layer of managers and waste everywhere. My co-workers and myself are not the problem. Maybe it would force them to make real decisions.
I have seen us throw parts in the storeroom away, in dumpsters, because they say it causes too much tax burden. Does that sound like the right thing to you.
I met a guy on a hunt trip who tried to sell me some Kings camo and bragged now he could write the whole trip off as a " business" trip.
I'm as conservitive as anyone and I hate over regulation etc. But you gotta admit the system is not working. Just my opinion. I would hope we could make it work for all of us.

Eliminating cash is just another way for us to be monitored, our privacy chipped(pun not planned) away.

A FTF gun buy, fahget aboutit.

Obviously you've never done business in countries with a VAT or similar taxes, nor considered the full implications of your scheme.

Much of what I do touches Latin America, which uses a VAT (value added tax) system. All the tax bureaucracy that for us occurs during the tax filing process, get shifted to the invoicing process. In these countries, invoices are not produced for the customer, but for the government. The government writes all the invoicing standards. Additionally companies are not even allowed to produce their own invoices. Instead they are produced by government approved third party vendors. If you want to make a simple change to an invoice format etc., expect to pay several hundred thousand dollars to these corrupt vendors. This prevents companies from innovating and improving processes.

Most VAT's are, as we measure taxes here, in the 40% range. Of course VAT's are not added on top of revenue, but TAKEN OUT of revenue, so it gets hidden in the prices, but the taxes are so large, everyone knows they are there. Consequently for similar products in LATAM we have to charge multiple of what we charge in North America.

Of course under your system, this effect would be multiplied across vendors. If the manufacturer pays a 30% tax, and the wholesaler pays a 30% tax, and the retails establishment pays that same 30% revenue tax, an original $100 in manufactured goods reaches the consumer at a prices of $219.70, before we allow for any profit margin or expenses of the whole seller or retailer.

As a result, most whole seller would go out of business, and retail would turn to a "company owned" model, where about all that would be left is outlet stores. The parts store you currently work for would go out of business and be replaces with direct outlets of the Chinese and Mexican manufacturers who actually make the parts. Any surviving wholesale operations would move overseas, outside the U.S tax jurisdiction to escape the manufacturer to wholesale tax.

Your plan would collapse the U.S. economy and turn us into a socialist nightmare.

So providing tax loopholes and bogus deductions keeps us free?
I understand all taxes are paid by the end user. I wish there were no taxes!! I just know that the system is flawed when a working person pays taxes and businesses and corporations pay near nothing at all.

Mark of the beast...

The hundreds of thousands of dollars in fuel, construction materials I pay shouldn't be deducted but the money collected to pay for it should be taxed???

That's not what I said at all. I made no comments on "loopholes" nor invalid deductions. I just asserted that your proposed solution make make things worse, much worse. Additionally, you acquaintance selling King Camo needs to talk to a real accountant. In order to write off a business as a business expense, it's "primary purpose" must be business. Even if Camo guy had sold a few pieces, business was not him primary purpose, so it's not a valid expense. We can also imagine the other end of this spectrum where he packs a U haul full of stuff to sell it at a gun show in the next state. even if doesn't sell a single item, he can still write off his travel expense because is primary purpose was selling stuff.

As for the tax burden's that cause you to throw parts away, I have to wonder from where you sourced them?

As I mentioned before Mexico, along with virtually all of Latin America has VAT taxes. Another effect of there taxes is NO ONE WILL GIVE YOU A REFUND. The reason being, the seller has already paid taxes on the sale, and if you they take the parts back, it's about impossible for them to get their taxes back from the government. Consequently commercial differences are typically settled with credits and seldom with an exchange of funds. It's likely you had to throw those parts away not because of intricacies of the U.S. tax code, but due to the consequences of a system like the one for which you are advocating.