Comments on: cash rules http://www.bripblap.com/2007/cash-rules/ wealth, work and life success Tue, 16 Mar 2010 02:05:42 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Jewellery Talk http://www.bripblap.com/2007/cash-rules/comment-page-1/#comment-29779 Jewellery Talk Mon, 17 Nov 2008 20:26:05 +0000 http://www.bripblap.com/2007/cash-rules/#comment-29779 half the economy would go underground overnight. If I was buying a $5000 ring and had to pay $1000 in taxes on it I would definitely be motivated to at least consider my “black market” options. Any politician who proposes this simply doesn’t understand how the cash economy - which exists and is thriving - would explode in the US and create a legitimate “black market.” half the economy would go underground overnight. If I was buying a $5000 ring and had to pay $1000 in taxes on it I would definitely be motivated to at least consider my “black market” options. Any politician who proposes this simply doesn’t understand how the cash economy – which exists and is thriving – would explode in the US and create a legitimate “black market.”

]]> By: Jewellery Talk http://www.bripblap.com/2007/cash-rules/comment-page-1/#comment-26401 Jewellery Talk Mon, 17 Nov 2008 13:26:05 +0000 http://www.bripblap.com/2007/cash-rules/#comment-26401 half the economy would go underground overnight. If I was buying a $5000 ring and had to pay $1000 in taxes on it I would definitely be motivated to at least consider my “black market” options. Any politician who proposes this simply doesn’t understand how the cash economy - which exists and is thriving - would explode in the US and create a legitimate “black market.” half the economy would go underground overnight. If I was buying a $5000 ring and had to pay $1000 in taxes on it I would definitely be motivated to at least consider my “black market” options. Any politician who proposes this simply doesn’t understand how the cash economy – which exists and is thriving – would explode in the US and create a legitimate “black market.”

]]> By: Weekly Roundup | Generation Y Finance http://www.bripblap.com/2007/cash-rules/comment-page-1/#comment-6485 Weekly Roundup | Generation Y Finance Sun, 30 Dec 2007 22:16:42 +0000 http://www.bripblap.com/2007/cash-rules/#comment-6485 [...] brip blap - cash rules [...] [...] brip blap – cash rules [...]

]]> By: overnight cash » Blog Archive » cash rules http://www.bripblap.com/2007/cash-rules/comment-page-1/#comment-6465 overnight cash » Blog Archive » cash rules Sun, 30 Dec 2007 14:48:12 +0000 http://www.bripblap.com/2007/cash-rules/#comment-6465 [...] Read the rest of this great post here [...] [...] Read the rest of this great post here [...]

]]> By: dong http://www.bripblap.com/2007/cash-rules/comment-page-1/#comment-6375 dong Sat, 29 Dec 2007 04:45:57 +0000 http://www.bripblap.com/2007/cash-rules/#comment-6375 I often leave tips for servers in cash especially at ethnic restaraunts where I worry that the owners might shaft some of the workers. While ideally I like to think that servers report their income, I don't really worry about it if they don't. Call me relativist but I'm ok with someone making 20k year cutting corners on his or her taxes, but not so ok with it when someone making 250k does it. I often leave tips for servers in cash especially at ethnic restaraunts where I worry that the owners might shaft some of the workers. While ideally I like to think that servers report their income, I don’t really worry about it if they don’t. Call me relativist but I’m ok with someone making 20k year cutting corners on his or her taxes, but not so ok with it when someone making 250k does it.

]]> By: deepali http://www.bripblap.com/2007/cash-rules/comment-page-1/#comment-6299 deepali Thu, 27 Dec 2007 22:22:15 +0000 http://www.bripblap.com/2007/cash-rules/#comment-6299 I've paid in cash (and been paid in cash) for services rendered and never really thought about the tax issue. The sums were generally pretty paltry. Overseas, though, I've definitely done the "cash discount", both in US and local currency (bigger discount for local currency). I’ve paid in cash (and been paid in cash) for services rendered and never really thought about the tax issue. The sums were generally pretty paltry.

Overseas, though, I’ve definitely done the “cash discount”, both in US and local currency (bigger discount for local currency).

]]> By: fathersez http://www.bripblap.com/2007/cash-rules/comment-page-1/#comment-6295 fathersez Thu, 27 Dec 2007 22:08:18 +0000 http://www.bripblap.com/2007/cash-rules/#comment-6295 You should spend some time in some of the developing countries, say in Africa or India. The cash economoy is the main one, it feels to me. I am also guilty of this. It is just not the taxed to be paid by the service provider. It is the busload of forms and stuff they have to fill that turns them off. So they charge less, remain under the IRS radar and try to live happily ever after. You should spend some time in some of the developing countries, say in Africa or India.

The cash economoy is the main one, it feels to me.

I am also guilty of this. It is just not the taxed to be paid by the service provider. It is the busload of forms and stuff they have to fill that turns them off.

So they charge less, remain under the IRS radar and try to live happily ever after.

]]> By: SavingDiva http://www.bripblap.com/2007/cash-rules/comment-page-1/#comment-6284 SavingDiva Thu, 27 Dec 2007 18:53:14 +0000 http://www.bripblap.com/2007/cash-rules/#comment-6284 I've never paid cash to avoid sales tax...However, I have purchased items online to avoid taxes (iPods, etc). Like Mrs. Micah, I occassionally leave cash tips for waitors...but I never really thought about not reporting the income. I've never really thought about cash transactions as a way to avoid taxes. I don't know what I would do if I was asked if I would like a cash discount. It would definitely be tempting! I’ve never paid cash to avoid sales tax…However, I have purchased items online to avoid taxes (iPods, etc).

Like Mrs. Micah, I occassionally leave cash tips for waitors…but I never really thought about not reporting the income.

I’ve never really thought about cash transactions as a way to avoid taxes. I don’t know what I would do if I was asked if I would like a cash discount. It would definitely be tempting!

]]> By: plonkee http://www.bripblap.com/2007/cash-rules/comment-page-1/#comment-6282 plonkee Thu, 27 Dec 2007 17:45:15 +0000 http://www.bripblap.com/2007/cash-rules/#comment-6282 I've been brought up to ask tradesmen if they have a *cash discount*. I'd be lying if I said that I thought that was truly legit. I’ve been brought up to ask tradesmen if they have a *cash discount*. I’d be lying if I said that I thought that was truly legit.

]]> By: FourPillars http://www.bripblap.com/2007/cash-rules/comment-page-1/#comment-6275 FourPillars Thu, 27 Dec 2007 15:21:48 +0000 http://www.bripblap.com/2007/cash-rules/#comment-6275 Guilty as charged! I've done it in the past and even though I know it's wrong (like speeding) I'll probably do it again. I feel guilty that I don't feel guilty about it. :) House renovation (or remodelin' as you USA types are wont to say) is another prime area for cash jobs. Mike Guilty as charged!

I’ve done it in the past and even though I know it’s wrong (like speeding) I’ll probably do it again. I feel guilty that I don’t feel guilty about it. :)

House renovation (or remodelin’ as you USA types are wont to say) is another prime area for cash jobs.

Mike

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