Quote:
Originally Posted by t walgamuth
I'd want a receipt.
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I will not buy liberated goods or services for example at any price though. For example I am offered from time to time building supplies that the seller did not actually buy or are just stolden goods.
Under the Canadian somewhat punative taxation system. I think many small businesses could not survive if everything was on the books.
I even think there is a small allowance by the taxation people for this fact. Small business here are really hit hard in Canada with so many fees and taxes it is an almost constant issue and subject. It seems to them that everybody in any official capacity wants an ever growing piece of their action.
For example a retail establishment must have a paper trail. Everything they buy must be accounted for as sold or in stock. They can claim theft or pilferage or damage as a loss item but that escape would be examined if abused.
For a long time I have been well aware that the 9 to 5 employee pretty well is totally taxed with few if any legal or other loopholes. So his only way to save a little on taxation really is these under the table deals and other astute buying practices. In this individuals case on leveling two engine heads if needed I would take the risk . That others may not is okay as well. Like a true professional gambler I run with the odds probably. If stuck it would mean nothing as by and large it happens infrequently enough to still have my position far ahead of where it would be otherwise. At the same time I also pay plenty of taxes and fees that amount to being taxes as well in general.