It being possible both ways does not mean that it is not far easier with cash.Merchants can cook the books either way, and cash does leave a footprint. For example, if I spent an extra 20k in cash a month, there would be signs that I have done so, and it would require me to do unusual things that might attract suspicion.
For small businesses I find tax evasion far more realistic than any of the above. Cash has many costs and disadvantages as well, enough to make credit cards cost competitive. For larger businesses I assume it is mostly interchange.
Statistics: Posted by rogue_economist — Mon Jan 27, 2025 9:31 pm — Replies 231 — Views 13382