• Zozano@aussie.zone
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    2 days ago

    It is.

    Sure, the note doesnt change, but whoever receives payment does not receive the full $100 because of taxes.

    Unless you’re at a local fair which does not pay taxes, nobody is just trading a full $100 at each stage

    • naeap@sopuli.xyz
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      2 days ago

      At least with taxes something useful can potentially be done, like finding schools, healthcare, street maintenance, …
      That it just lands in the military or the branches, that spend the most on lobbying, is a sad different topic…

      • freebee@sh.itjust.works
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        2 days ago

        Less taxes are payed on cash because plenty of shops don’t register every cash sale, but a card payment you almost can’t not register correctly. That is the sad real reason many smallish shops don’t want to accept cards: it becomes a lot harder to illegally avoid paying taxes on a substantial part of your business turnover.