Dittojord wrote:
I don't know much about American banking syst4ems, or the IRS. But if you payed in cash for something, how the hell would anyone know?Locoloki wrote:
the IRS can audit you whenever they pleaseMitch wrote:
Maybe i dont want the government knowing every single transaction i make?
Let's just rename President to King while we're at it?
Well they know how much you make, and they know the value of the things you own..... They also know how much is spent on food and gas for the average person. Im guessing the average person doing something illegal is missing a lot of money (which they dont give a fuck about) or is making a shit load more cash than they are claiming which is usually the case with audits and usually what happens to drug dealers and bad politiciansjord wrote:
I don't know much about American banking syst4ems, or the IRS. But if you payed in cash for something, how the hell would anyone know?Locoloki wrote:
the IRS can audit you whenever they pleaseMitch wrote:
Maybe i dont want the government knowing every single transaction i make?
Let's just rename President to King while we're at it?
Maybe im giving it away to homeless people.Locoloki wrote:
Well they know how much you make, and they know the value of the things you own..... They also know how much is spent on food and gas for the average person. Im guessing the average person doing something illegal is missing a lot of money (which they dont give a fuck about) or is making a shit load more cash than they are claiming which is usually the case with audits and usually what happens to drug dealers and bad politiciansjord wrote:
I don't know much about American banking syst4ems, or the IRS. But if you payed in cash for something, how the hell would anyone know?Locoloki wrote:
the IRS can audit you whenever they please
They don't.jord wrote:
I don't know much about American banking syst4ems, or the IRS. But if you payed in cash for something, how the hell would anyone know?Locoloki wrote:
the IRS can audit you whenever they pleaseMitch wrote:
Maybe i dont want the government knowing every single transaction i make?
Let's just rename President to King while we're at it?
Last edited by topal63 (2008-02-07 11:57:38)
my friend did that for funniesTheAussieReaper wrote:
It's a little suspicious when you go to a car dealership and want to pay in cash.
FUCKING AMEN. Credit is shit and should never been allowed to go this far. People don't save anymore. People don't look at what they can afford anymore. People look at what PAYMENTS they can afford.(T)eflon(S)hadow wrote:
Well man drug transactions and shady deals, i.e. illegal aliens working for income, would not stop because of a lack of a cash system. I dont have any links right at this moment, but credit card fraud has increased exponentially in the last few years. I think its great, and its mighty convenient to have just carry plastic and check and balance everything when you get home, but I believe in cash. Not credit. Credit is something made up based on your buying and repayment ability to a huge system that is not regulated. I say fuck credit. The US Constitution gives me the right to not have anyone knowing what i do with all of my finances. Yes, I pay takes and the IRS knows what my income is annually,but they have no right or business what I do with it. Period.Locoloki wrote:
No more drug transactions, no more shady deals. Everything will have an electronic trail that can be easily traced.
Currently i hardly carry any cash in my wallet. I use my debit card for everything, even my tax refunds are coming back direct deposit. Everything i have ever gotten paid for, our boughten is kept track of electronically through my bank.
Last edited by RoosterCantrell (2008-02-07 11:57:51)
Not credit.... DEBIT .........HUGE difference, a Debit card is an electronic checkRoosterCantrell wrote:
FUCKING AMEN. Credit is shit and should never been allowed to go this far. People don't save anymore. People don't look at what they can afford anymore. People look at what PAYMENTS they can afford.(T)eflon(S)hadow wrote:
Well man drug transactions and shady deals, i.e. illegal aliens working for income, would not stop because of a lack of a cash system. I dont have any links right at this moment, but credit card fraud has increased exponentially in the last few years. I think its great, and its mighty convenient to have just carry plastic and check and balance everything when you get home, but I believe in cash. Not credit. Credit is something made up based on your buying and repayment ability to a huge system that is not regulated. I say fuck credit. The US Constitution gives me the right to not have anyone knowing what i do with all of my finances. Yes, I pay takes and the IRS knows what my income is annually,but they have no right or business what I do with it. Period.Locoloki wrote:
No more drug transactions, no more shady deals. Everything will have an electronic trail that can be easily traced.
Currently i hardly carry any cash in my wallet. I use my debit card for everything, even my tax refunds are coming back direct deposit. Everything i have ever gotten paid for, our boughten is kept track of electronically through my bank.
Plus, it is a little unnerving that they know where I am, what I am doing, what I am buying, all from where I make purchases, and what I purchased. It's nice they have that technology for Credit card theft, but it's a little invasive when you get a phone call at a store, miles away from home, because its out of your normal shopping area. I understand the reasoning, it's just a little creepy.
EDIT: "you may not karma the same person in a 24 hour period"
Last edited by Locoloki (2008-02-07 11:59:52)
Everyone who isn't receiving handouts from the government already knows that the IRS is criminal anyway.Locoloki wrote:
Also, all the worry about amendments and privacy, isnt that what happens when the IRS audits you?
finally, someone who Debits as much as i domtb0minime wrote:
Even if someone does get a hold of your debit card, it's really not a big deal if you have a good bank. I've never lost my debit card or given out my information, but one time I had a $100 charge from some company I bought from before. I guess they charged the wrong account, but anyway, my bank called me up within hours of it happening and asked if that was me. I said no, and a few days later the money was returned.
Debit/Checking is the way to go. We shouldn't completely eliminate cash, just keep it in the system in very small amounts. Plus, money will just stay in the system and the government won't have to print anymore, which would have a nice impact on inflation.
Last edited by west-phoenix-az (2008-02-07 12:21:04)
Last edited by west-phoenix-az (2008-02-07 12:27:10)
i agree on the part about kids mowing lawns, you know, and like giving your kids allowances and such, you'd just have to write them a check, that is allwest-phoenix-az wrote:
If cash is removed from circulation everyone will need the ability to process debit/credit cards. People trade and buy from individuals every day all day. Kids mow lawns, people have yard sales, sale old car parts, people giving loans to friends and family, people give money to coworkers to grab them lunch, etc.
Also many people cannot get bank accounts. If you have ever had a problem with a bank and owe them money or they believe you cheated them you are added to a "system" (ChexSystems) that make it either impossible or very difficult to get a bank account. How would these people complete transactions?
Debit and credit card fraud would skyrocket. More people would get away with these crimes than ever before.
Removing cash from circulation would cause more problems and headaches than it could ever solve.
It would be one more hassle the honest citizen is forced to deal with because others abuse it.
True, but I was speaking of both, you are tracked with debit cards just as much.Locoloki wrote:
Not credit.... DEBIT .........HUGE difference, a Debit card is an electronic checkRoosterCantrell wrote:
FUCKING AMEN. Credit is shit and should never been allowed to go this far. People don't save anymore. People don't look at what they can afford anymore. People look at what PAYMENTS they can afford.(T)eflon(S)hadow wrote:
Well man drug transactions and shady deals, i.e. illegal aliens working for income, would not stop because of a lack of a cash system. I dont have any links right at this moment, but credit card fraud has increased exponentially in the last few years. I think its great, and its mighty convenient to have just carry plastic and check and balance everything when you get home, but I believe in cash. Not credit. Credit is something made up based on your buying and repayment ability to a huge system that is not regulated. I say fuck credit. The US Constitution gives me the right to not have anyone knowing what i do with all of my finances. Yes, I pay takes and the IRS knows what my income is annually,but they have no right or business what I do with it. Period.
Plus, it is a little unnerving that they know where I am, what I am doing, what I am buying, all from where I make purchases, and what I purchased. It's nice they have that technology for Credit card theft, but it's a little invasive when you get a phone call at a store, miles away from home, because its out of your normal shopping area. I understand the reasoning, it's just a little creepy.
EDIT: "you may not karma the same person in a 24 hour period"
true. Alot of things would be ruined/inconvienced with individual sales.west-phoenix-az wrote:
If cash is removed from circulation everyone will need the ability to process debit/credit cards. People trade and buy from individuals every day all day. Kids mow lawns, people have yard sales, sale old car parts, people giving loans to friends and family, people give money to coworkers to grab them lunch, etc.
Also many people cannot get bank accounts. If you have ever had a problem with a bank and owe them money or they believe you cheated them you are added to a "system" (ChexSystems) that make it either impossible or very difficult to get a bank account. How would these people complete transactions?
Debit and credit card fraud would skyrocket. More people would get away with these crimes than ever before.
Removing cash from circulation would cause more problems and headaches than it could ever solve.
It would be one more hassle the honest citizen is forced to deal with because others abuse it.
Everything in real life can not be found on google.Locoloki wrote:
call me ignorant but i couldnt find anything when i googled that? you got a link to back that up?jsnipy wrote:
Prostitues do, why not drug dealers?SEREMAKER wrote:
drug dealers are going to have start accepting credit cards or checks
I don't think it would change much.
illegal ones, not legal ones
the only people that would ever get checked would be people who made a purchase at a place that got busted for selling something illegal or a flag goes off on your account for some wierd out of the ordinary spending/earning habitswest-phoenix-az wrote:
As far as people being concerned with their purchases. Maybe people do not want big brother to know how much porn, alcohol, guns, ammunition, medications, gifts, etc. they purchase. Nothing illegal about any of those things, but its peoples personal business.
im doing just fine without it, if switching to plastic helps stop theft/drugs/illegal immigrants, yeah i would be for itRECONDO67 wrote:
the only thing left in this country that is still made in America is the green and you want to take it away?
the same way if you bounced a check in real lifewest-phoenix-az wrote:
Checks bounce, people don't like to accept them. How do you solve that?
it won't believe me.Locoloki wrote:
im doing just fine without it, if switching to plastic helps stop theft/drugs/illegal immigrants, yeah i would be for itRECONDO67 wrote:
the only thing left in this country that is still made in America is the green and you want to take it away?