6 ms·

You're forgetting about taxes though. A lot of cash-based transactions are not declared. Edit: rather, it's easier to not declare cash income, than income from

by deznu 4y ago

You're forgetting about taxes though. A lot of cash-based transactions are not declared. Edit: rather, it's easier to not declare cash income, than income from credit cards. Also keep in mind that the taxi company may take a cut of the revenue too.

nobody9999 4y ago
>You're forgetting about taxes though. A lot of cash-based transactions are not declared. In NYC medallion cabs, all taxi rides are recorded by the taxi meter in each car. It records the distance and the fare charged, regardless of payment method. So that's not really the issue.