Started By
Message

re: Spinoff: When do you think we will do away with hard/paper currency in the US?

Posted on 4/18/16 at 1:01 pm to
Posted by slackster
Houston
Member since Mar 2009
85490 posts
Posted on 4/18/16 at 1:01 pm to
quote:

That's retarded. Large bills are used to purchase high dollar things. If anything 20s are probably the most commonly used currency for illegal stuff




Perhaps I should rephrase - large bills are where you start upsetting the least amount of people and you'll see the tipping point the soonest.

I've got no problem with someone who argues for the convenience of having $100 bills, but you cannot ignore that there are many people who prefer cash payments for the tax evasion just as much as they do the convenience.

Eliminate $100 bills and all of a sudden the 45% of households who do not pay taxes would be a bit lower.
Posted by fr33manator
Baton Rouge
Member since Oct 2010
124977 posts
Posted on 4/18/16 at 1:03 pm to
quote:

Eliminate $100 bills and all of a sudden the 45% of households who do not pay taxes would be a bit lower.





They'll just use different denominations.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram