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RE: Alarm Bells Are Going Off Everywhere, The Message, This Economy Cannot Be Sustained - Episode 1331
Cashless = income taxation on every transaction. You loan me money, I pay you back, we both get income taxed. They don't care how you "earned" the money. Suckaaaaaah.
You won't have anymore complicated Tax Filing. They will keep tract of every cent you exchange. And send you a tax bill, like the utility companies do. Every month. No, just debit you, so you will never be late. Suckaaaaaah.