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RE: Australias Cash Ban : Rising Authoritarianism in the Land of Plenty

in #politics5 years ago

The pay cash tradie scene is probably a tax dodge that would constitute black economy, but there are still plenty of legitimate uses of cash. The problem with the nominated $10K number is that it's just a number that seems non threatening to many on face value, but give us a few years of inflation and it becomes not much at all. That's what is meant by the boiling frog analogy - it happens slowly enough not to be noticed or resisted.

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