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Gold/Mining/Energy : KITCO - Gold discussion

GLD 386.88

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Dec 3 4:00 PM EST

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From: mugwump9	6/7/2016 7:41:42 AM
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why govt wants to ban CASH Governments lose by missing out on taxes from unreported or underreported transactions. A Tufts University report suggests cash transactions cost the U.S. government over $400 billion per year in missed tax revenues. The underreporting of cash transactions accounts for 84% of the losses. So forget picking something up for cheap at a neighbor’s garage sale... or getting a small cash tip as a waiter... or buying a drink at a child’s lemonade stand... Every last transaction will be taxed.

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