What kinds of deals often involve under the table money in your place?
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wrote on 17 Dec 2021, 15:13 last edited by
To the best of my knowledge prostitution and drug dealing is strictly cash. No one agrees to checks or credit cards.
But that may be just here
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wrote on 17 Dec 2021, 15:15 last edited by
But to really answer your question, gardeners, home fixit people like simple plumbing or electricians will all be more than happy to accept cash.
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wrote on 17 Dec 2021, 16:15 last edited by
About the only place where I used cash was the barber shop.
And I stopped going there a couple years ago.
Now, it's just golf bets.
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wrote on 17 Dec 2021, 16:22 last edited by
In my old neighborhood in Canada - it was super immigrant heavy - so there were lots of cash services.
My current neighborhood is a bunch of rule followers - so not so much.
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wrote on 17 Dec 2021, 16:28 last edited by
Baltimore has really changed over the years, but you can still get drugs and hookers there in cash. It's quaint like that.
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wrote on 17 Dec 2021, 16:31 last edited by
Most tradesmen prefer cash here. Barber is cash only.
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wrote on 17 Dec 2021, 16:39 last edited by
In just about any transaction you can imagine. Contracts, justice, anything.
'What kind of ________ do you think I am?"
"We've already established that. We're just haggling over price.".
The unmarked envelope of cash is still a welcome offering, albeit done more stealthily.
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wrote on 17 Dec 2021, 17:19 last edited by
I would never pay cash for anything.
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wrote on 17 Dec 2021, 17:34 last edited by
I'm not asking about paying cash. I'm asking about tax avoidance.
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wrote on 17 Dec 2021, 17:36 last edited by xenon
I use "paying in cash" as a euphemism for the same thing, Klaus. I don't really know how the folks are filing their taxes - but I'm assuming some under-report it.
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wrote on 17 Dec 2021, 17:43 last edited by
For instance, I wonder how often @LuFins-Dad is approached with the idea of saving money on a sale by splitting the bill into an official and inofficial part.
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wrote on 17 Dec 2021, 18:18 last edited by
I have a family member who rails on about taxing the rich and all their various tax devices. But he has worked in a cash business his whole career and I doubt he has reported half his income.
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wrote on 17 Dec 2021, 18:53 last edited by
I have a guy doing some handyman work on my house just today who will be paid cash. 3 days skilled labor for $1200.
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wrote on 17 Dec 2021, 20:42 last edited by
That's a great deal.
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For instance, I wonder how often @LuFins-Dad is approached with the idea of saving money on a sale by splitting the bill into an official and inofficial part.
wrote on 17 Dec 2021, 21:50 last edited by@klaus said in What kinds of deals often involve under the table money in your place?:
For instance, I wonder how often @LuFins-Dad is approached with the idea of saving money on a sale by splitting the bill into an official and inofficial part.
Nothing like that. I did have a guy once try to offer me a "tip" after a negotiated sale price. I added it to the price of the piano.
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wrote on 17 Dec 2021, 21:53 last edited by
On the piano moving end of my business (which has become fairly substantial) we get quite a few people looking to pay in cash....for some sort of discount.
Though I know what they're really after, I'll occasionally offer about a 2.5% discount, since that what the card processing fee would average out to.
At this point, many if not most of the folks looking for a cash discount, actually have a stack of cash themselves they are looking to use up...so there's really no benefit to discount at all for cash.
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wrote on 17 Dec 2021, 22:04 last edited by
@mik said in What kinds of deals often involve under the table money in your place?:
That's a great deal.
My wife found him through some referrals by Chinese friends in the area. He's not great with the English but he can do everything, including plumbing.
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On the piano moving end of my business (which has become fairly substantial) we get quite a few people looking to pay in cash....for some sort of discount.
Though I know what they're really after, I'll occasionally offer about a 2.5% discount, since that what the card processing fee would average out to.
At this point, many if not most of the folks looking for a cash discount, actually have a stack of cash themselves they are looking to use up...so there's really no benefit to discount at all for cash.
wrote on 17 Dec 2021, 22:17 last edited by Copper@rich said in What kinds of deals often involve under the table money in your place?:
actually have a stack of cash themselves they are looking to use up...so there's really no benefit to discount at all for cash.
Can't you scrape off the cocaine?