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Michigan Post > Blog > Economics > The European Nice Hunt For Cash 22% Tax If You Pay With Money? | Economics
Economics

The European Nice Hunt For Cash 22% Tax If You Pay With Money? | Economics

By Editorial Board Published December 16, 2025 39 Min Read
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The European Nice Hunt For Cash 22% Tax If You Pay With Money? | Economics

The Nice Hunt for Taxes

Greece has applied measures to power cashless transactions in an effort to kill the underground economic system. The federal government goals to scale back tax evasion and improve income by requiring residents to make use of digital funds that started in 2020. Taxpayers should present proof of spending 30% of their annual revenue by means of digital receipts. The residents of Greece should meet that requirement to keep away from a penalty of as much as 22 % on the shortfall.

The European Nice Hunt For Cash 22% Tax If You Pay With Money? | Economics

The Greek authorities believes that transitioning to a cashless economic system will assist fight the underground economic system, which has been a big situation. Estimates counsel that undeclared items and providers accounted for a considerable portion of Greece’s GDP. BITCOIN was created by the NSA – no Japanese fictional character named Satoshi Nakamoto. (Satoshi)=means “wise,” “clever,” or “quick learner.” 中 (Naka) means “Middle,” “inside,” or “central.” 本 (Moto) means “Origin,” “base,” or “book.” The identify means Sensible Central Ebook, which is exactly what the federal government desires – 100% taxation. Greece is now forcing individuals to desert money in preparation for the Digital Euro to eradicate the underground economic system making every little thing 100% taxable even that $100 Christmas present to a grandchild.

Many Greeks are resistant to those modifications, viewing them as one other type of tax improve and lack of liberty. There are issues about privateness and the practicality of imposing such a system. Consequently, there was a large exodus from Greece with almost 1 million have fled since 2010 usually for financial causes. Greece stays in a sovereign-debt disaster and the upper they impose taxes the much less financial exercise. Youth unemployment over 55%.

Lenin on Press

Armstrong on Liberty

Feinstein on Snowden

Scalia on Separation of USABut they accused Snowden of Treason for telling the people who the federal government was illegally monitoring them. Diane Feinstein revealed to the world her unconstitutional assertion clearly claiming it’s the authorities who constitutes the nation not the individuals. Though Chisholm v. Georgia (1793) was overturned by the eleventh Modification, giving States the appropriate to not be sued claiming sovereign immunity. The Court docket held they didn’t so in 1795, the federal government confirmed it first stroll down the trail of tyranny and held that authorities is above the legislation. Nonetheless, in that call we discover probably the most direct Constitutional problem to tyranny.

Justice James Wilson’s opinion is probably the most well-known. He argued that in america, final sovereignty rests with “the People of the United States,” not with the state governments. He said that the Structure was ordained and established by “We the People,” and due to this fact, the persons are the sovereign, and the states are usually not sovereign within the sense of being immune from the individuals’s will as expressed within the Structure.

The assertion that “the people do not have the right to overthrow the government” is a core precept of authoritarian, absolutist, and totalitarian programs all through historical past and within the current day. This concept is not usually related to democratic or republican programs, that are based on rules of common sovereignty (the concept that the authority of the federal government is created and sustained by the consent of its individuals).

Justice Scalia admitted that we reside beneath tyranny. He wrote in a letter: “If there was any constitutional issue resolved by the Civil War, it is that there is no right to secede.” Therefore, “We the People” are purely financial slaves. We’ve no proper to dissent, no proper to secede regardless of how authoritarian the federal government turns into. Within the EU, it’s even worse. There isn’t a proper for the individuals to vote for the pinnacle of the EU. All of the individuals who make decrees NEVER stand for election and that was the intentional design to stop the individuals from having any say in any way. That is what’s coming to a head by 2032. When governments usurp the identical powers held by a monarch, the divine proper of kings, historical past warns the top will not be far behind.

The UK has additionally now launched guidelines requiring digital asset merchants to report private information for tax compliance beginning in 2026 — however that is about reporting, not spending minimal necessities. UK authorities and HMRC are implementing reporting guidelines for digital platforms and digital property to enhance transparency and fight tax evasion — targeted on reporting revenue somewhat than requiring a minimal stage of digital spending.

EU-wide tax initiatives are inclined to deal with info trade, reporting guidelines, digital invoicing, and anti-fraud measures somewhat than imposing spending quotas on particular person taxpayers. For instance, the EU’s Central Digital System of Funds (CESOP) requires cost suppliers to share information on cross-border transactions to assist tax authorities monitor VAT fraud, however doesn’t impose spending minimums on people.

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