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The Basement
Apple Loses My Respect
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<blockquote data-quote="John Roberts" data-source="post: 26362" data-attributes="member: 126"><p>Re: Apple Loses My Respect</p><p></p><p>Not to feed the veer.. but it seem the apparent thrust behind electronic transactions is all about tax compliance. In Greece which relies up a VAT for funding government, the use of cash and barter is so widespread that the Greek government has had to raise the VAT rate several times, which just encourages more people to cheat. Electronic transactions, that the government has visibility into, become harder to game by tax cheats. </p><p></p><p>I am actually in favor of high tax compliance, since tax cheats cheat us all.. but the government needs to tax and spend wisely or it will discourage compliance more broadly. </p><p></p><p>return to your regularly scheduled personal security rant.... </p><p></p><p>JR</p></blockquote><p></p>
[QUOTE="John Roberts, post: 26362, member: 126"] Re: Apple Loses My Respect Not to feed the veer.. but it seem the apparent thrust behind electronic transactions is all about tax compliance. In Greece which relies up a VAT for funding government, the use of cash and barter is so widespread that the Greek government has had to raise the VAT rate several times, which just encourages more people to cheat. Electronic transactions, that the government has visibility into, become harder to game by tax cheats. I am actually in favor of high tax compliance, since tax cheats cheat us all.. but the government needs to tax and spend wisely or it will discourage compliance more broadly. return to your regularly scheduled personal security rant.... JR [/QUOTE]
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