What discount? Every contractor I have hired quoted me the cash price, though they will accept a credit card via a service that makes me pay the credit card fee (and then some).
This includes checks, for any who may not be aware. So you don't literally need hundreds or thousands of dollars in cash, just to have it available in your debit account.
In my experience, though, every professional will tell you what the cost is and how much more it is if you pay with a card. It doesn't make them any extra money for you to use a card, so they don't try to encourage it.
Sure, you could pay with a check, but where's the fun in that? I have absolutely paid contractors with thousands of dollars in cash stuffed into an envelope. If you ask the teller at your bank nicely, they will even band the bills into tidy stacks so you can feel like you're in a mobster movie.
I used to have this attitude mere decade ago. But that I've realised how much everyone wants to fuck me I'm trying to switch back to cash. There are places that do not accept it! Technically illegal - it's legal tender - but nobody is enforcing it.
As a side benefit, I'm a bit more aware or my spending. There's something in the brain that has a much better grasp of physical money.
Businesses can't claim your donations as their own for tax purposes. Even if they could... deductions come out of your taxable income, not the actual taxes you pay. If you gave $1 to mcdonald's for charity, they would make $1 of income and then deduct $1, so there would be zero effect on the taxes they pay.
We also bombed that girls elementary school and round up immigrants and illegally kidnapped a politician from another country and now we're paying for a fucking ballroom!
Funny to think that some people pay to do the opposite. Not paying taxes gives you money you can't spend and you are going to have to launder it anyway
to be honest it could also be "Fuck Visa and fuck Mastercard"
They take a pretty big bite.
Don't forget AmEx, the greediest of the bunch. 🤌🏼
how could I remember, I don't live in the US
Because AmEx is accepted in over 200 countries and is one of the largest credit card networks and credit card issuers in the world, not just the US?
Visa and mastercard also do more than just credit card, they also have debit card networks.
Yet in my country there's no place taking cash only, I have not withdrawn cash since my weed-buying days
I don't even withdraw cash for buying weed...
Sorry, what? 😶
If a lot of your business, like say a small library, is $0.10 at time, you will lose money ringing it up on a card.
I went somewhere that refused to accept American Express because it wasn't worth the fees.
Most local shops don't accept amex. Definitely all the local ones.
Amex has at least double the fees of the others. So very understandable
If they can accept American Express, they should.
American Express gets a bad wrap in the merchant/e-commerce industry, but out of visa/mastercard, they do the least amount of evil.
Not paying taxes sounds pretty good when you look at what the US is spending tax money on.
Your right, a few missing bombs is good for brown children.
More like credit card fees.
Also, your meme is backwards.
It can be both
Getting work done in your house? Ask if they offer a cash discount.
What discount? Every contractor I have hired quoted me the cash price, though they will accept a credit card via a service that makes me pay the credit card fee (and then some).
Yeah, it's not that there is a discount for paying cash. It's that there is a surcharge for not doing so.
This includes checks, for any who may not be aware. So you don't literally need hundreds or thousands of dollars in cash, just to have it available in your debit account.
In my experience, though, every professional will tell you what the cost is and how much more it is if you pay with a card. It doesn't make them any extra money for you to use a card, so they don't try to encourage it.
Sure, you could pay with a check, but where's the fun in that? I have absolutely paid contractors with thousands of dollars in cash stuffed into an envelope. If you ask the teller at your bank nicely, they will even band the bills into tidy stacks so you can feel like you're in a mobster movie.
Most banks and credit unions make it a pain to withdraw thousands at once. They don't really want you to do that.
Or money laundering, thats what most of my local cash only businesses are doing.
Interesting! Do you have a chicken restaurant called Los Pollos Hermanos around there?
[citation needed]
I would be happy to launder someone's cash
I used to have this attitude mere decade ago. But that I've realised how much everyone wants to fuck me I'm trying to switch back to cash. There are places that do not accept it! Technically illegal - it's legal tender - but nobody is enforcing it.
As a side benefit, I'm a bit more aware or my spending. There's something in the brain that has a much better grasp of physical money.
Cash is legal tender for debts, retail is not required to accept it, but any loan you have is.
Huh. Today I've learnt!
The meme is the wrong way around.
The power of memes exist beyond their origin 😌
Some of us still follow the old ways.
See also: "do you want to donate a few dollars to charity?"
No, multimillion dollar business, I don't want to pay for your tax cut
I hate when grocery stores collect food for a food bank.
The store makes a profit from me buying food to donate and they get a positive press release when they donate the food.
That’s a zero sum. They only get a cut for what you donate, why should they have to pay taxes for your donation?
Because they take credit for my donation as if it's their gesture of kindness
Not how it works!!
Businesses can't claim your donations as their own for tax purposes. Even if they could... deductions come out of your taxable income, not the actual taxes you pay. If you gave $1 to mcdonald's for charity, they would make $1 of income and then deduct $1, so there would be zero effect on the taxes they pay.
But the tax-free income generated from the donation can go back towards buying stock in McDonald's or some other form of capital for corporate.
No, the tax-free income gets donated....
Hey pal - get your facts straight!
We also bombed that girls elementary school and round up immigrants and illegally kidnapped a politician from another country and now we're paying for a fucking ballroom!
We're using your cash transactions as cover for our other cash businesses.
Paying with cash is the acceptable face of tax evasion
Username checks out :)
I dislike places that give you a cash discount equal to tax. like if you're going to evade taxes, at least share the profits
Funny to think that some people pay to do the opposite. Not paying taxes gives you money you can't spend and you are going to have to launder it anyway