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2:10pm Wednesday 8th February 2012 in Read
SIR – Having to pay for scrap by cheque is a good idea, but why stop there? If we abolish cash then all purchases and sales would have a bank record.
Not only does this make the catching of wrong-doers easier, caught or not caught criminals would still be liable to pay income tax.
Crime may possibly go out of fashion just because of the paperwork involved.
TONY PINGREE
Worcester
Comments(3)
Big Bodger
says...
10:57am Thu 9 Feb 12
Jabbadad wrote:Hi Jabbadad. A fair idea but i think you missed the point. If (all cash) was abolished then (everybody) would have to use cheque, credit transfer, bank cards, etc. This would leave a bank record (because there is no cash). If you think about it, crime of any kind would become a risky business. Having no cash means you have to use a traceable transaction. Caught or not, criminals would still have to pay tax on there illegal income.
I am sorry but quite a large section of the Scrappy's around don't belong to the business clubs, don't pay tax & Insurance, don't have bank accounts, couldn't sign a cheque if asked, and will continue to steal scrap. The only way to combat this is to have stricter control on the Foundries who buy this scrap,(so someone is accountable for buying stolen scrap, with perhaps a threat of a prison sentence) and also confiscate the illegal scrappy's lorries.
Jabbadad
says...
11:18am Thu 9 Feb 12
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Jabbadad says...
11:54pm Wed 8 Feb 12