A Christmas Without Cash

A free article on Finance

By: Corney Vanhelden

Okay, my illustrious readers, I want you to sit down and come with me on a modern day horror story that will leave you quaking in your boots – I promise!!
Here we go.
One upon a time there was a successful entrepreneur who owned and operated a furniture store.
His furniture store was unique because it was one of the few family-owned operations in the nation.
He prided himself on giving personalized service to each and every customer who came into his store.
One day a suit came into the store and after grunting in response to the owner’s cheery greeting, it appeared he was one of those non-communicative sorts.
Feeling like this was going to be a lost cause, the owner went into his office to check his monthly financials.
Several minutes later, he looked up with a start to find the man grunting in his office doorway.
“Can I help you?” he asked.
“Come here,” he ordered.
He led the owner to the living room furniture area and pointed to one set of 5 pieces that came to $1200. “I want 3 of those.”
The owner’s eyes got big and for a moment he stared at the man without saying a word.
“Grunt, grunt,” went the man. “Are you going to write up this sale or want?”
“Sir,” said the owner. “It will take a while to run your credit information through.
Perhaps you’d like to get a cup of coffee while I do that.”
“No credit checks needed,” said the man. “This is a cash deal.”
Being that it was a few weeks before Christmas, the owner could barely conceal his joy. Business had not been very good this past fall because of the economy.
The grunting man’s purchase was manna from heaven!
A week before Christmas, two more suits came into the store, and the owner got himself all excited once again.
His excitement was short lived.
“Martin Holden?” one of the suits asked.
The owner nodded with fear beginning to twist his gut.
“You’re charged with money laundering and we’re arresting you.”
The suits snapped handcuffs on his wrists and led him off to federal prison where he spent the next 10 years of his life, cursing grunting men.
Okay, my friends, you think this is an exaggeration?
I tell you it is not.
Well, I did compress the scenario a bit at the end, but here’s the deal:
in some countries today, entrepreneurs who accept cash deals are being held accountable to ensure that cash is not being laundered.
Why is this seemingly outrageous law being enacted?
It is a response to terrorism.
Terrorists routinely hide money in various sorts of cash arrangements, and since terrorism is on the rise, governments are trying to control all cash transactions.
This is a complete disaster for entrepreneurs who don’t have the means to engage in these kinds of cash verifications.
In fact, either way they go out of business – either from the resources required to perform the checks or from getting arrested as did our poor friend Martin Holden.
Okay friends, then what is the answer?
The answer is simple: NO MORE CASH!!!!
Are you nuts, you ask me?
No!
I have developed a model for a cashless, tax-less economic system that relies on transactions being handled through electronic chips that carry purchasers’ data in a secure, private way. With my model there are no more cash deals, therefore protecting entrepreneurs from these devastating laws that can mean financial ruin.

In fact, I have written a book that gives the ins and outs of my model, which you can purchase at www.Done-with-IRS.com

Information about the Author:

Corney Vanhelden is a successful entrepreneur and international businessman with many years of experience. This article is a short note on one of the chapters of his new book `How to Survive without Taxes`, see his site for www.Done-with-IRS.com specifics.

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