Economy, business, innovation

The European Great Hunt for Money 22% Tax if you Pay With Cash?

The glory that was Greece is of another day. The EU is dominated by LEFTIST all following Marx and assume that they can just order people to comply under penalty of one thing or another. Greece has implemented laws requiring taxpayers to provide proof of spending 30% of their annual income through electronic payments, imposing fines for those who only use cash. This move aims to reduce tax evasion and increase government revenue in a country with a significant shadow economy.

The Great Hunt for Taxes

Greece has implemented measures to force cashless transactions in an effort to kill the underground economy. The government aims to reduce tax evasion and increase revenue by requiring citizens to use electronic payments that began in 2020. Taxpayers must provide proof of spending 30% of their annual income through electronic receipts. The citizens of Greece must meet that requirement to avoid a penalty of up to 22 % on the shortfall.

The Greek government believes that transitioning to a cashless economy will help combat the underground economy, which has been a significant issue. Estimates suggest that undeclared goods and services accounted for a substantial 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 name means Wise Central Book, which is precisely what the government wants – 100% taxation. Greece is now forcing people to abandon cash in preparation for the Digital Euro to eliminate the underground economy making everything 100% taxable even that $100 Christmas gift to a grandchild.

Many Greeks are resistant to these changes, viewing them as another form of tax increase and loss of liberty. There are concerns about privacy and the practicality of enforcing such a system. Consequently, there has been a massive exodus from Greece with nearly 1 million have fled since 2010 generally for economic reasons. Greece remains in a sovereign-debt crisis and the higher they impose taxes the less economic activity. Youth unemployment over 55%.

Historically, the first target an oppressive government seeks to control is always the press. Once they control the press, as they do today with all the FAKE News, that is the beginning of the decline and fall of not just LIBERTY, but of the nation and in the end our civilization. This is the real danger of main stream media. They are promoting World War III and they blocking individuals targeted by the government as they did with COVID. Once in power, government assumes it is the sovereign and represents society. They confound the people with government, leaving no distinction between them. With socialism, they convince themselves that they act in our best interest when it is always to just retain power. The people are the true sovereign of the nation – not those in power.

Yet they accused Snowden of Treason for telling the people that the government was illegally monitoring them. Diane Feinstein revealed to the world her unconstitutional statement clearly claiming it is the government who constitutes the nation not the people. Although Chisholm v. Georgia (1793) was overturned by the 11th Amendment, giving States the right not to be sued claiming sovereign immunity. The Court held they did not so in 1795, the government showed it first walk down the path of tyranny and held that government is above the law. Nonetheless, in that decision we find the most direct Constitutional challenge to tyranny.

Justice James Wilson’s opinion is the most famous. He argued that in the United States, ultimate sovereignty rests with “the People of the United States,” not with the state governments. He stated that the Constitution was ordained and established by “We the People,” and therefore, the people are the sovereign, and the states are not sovereign in the sense of being immune from the people’s will as expressed in the Constitution.

The statement that “the people do not have the right to overthrow the government” is a core principle of authoritarian, absolutist, and totalitarian systems throughout history and in the present day. This idea is not typically associated with democratic or republican systems, which are founded on principles of popular sovereignty (the idea that the authority of the government is created and sustained by the consent of its people).

Justice Scalia admitted that we live under 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.” Hence, “We the People” are purely economic slaves. We have no right to dissent, no right to secede no matter how authoritarian the government becomes. In the EU, it is even worse. There is no right for the people to vote for the head of the EU. All the people who make decrees NEVER stand for election and that was the intentional design to prevent the people from having any say whatsoever. This is what is coming to a head by 2032. When governments usurp the same powers held by a monarch, the divine right of kings, history warns the end is not far behind.

The UK has also now introduced rules requiring digital asset traders to report personal data for tax compliance starting in 2026 — but this is about reporting, not spending minimum requirements. UK government and HMRC are implementing reporting rules for digital platforms and digital assets to improve transparency and combat tax evasion — focused on reporting income rather than requiring a minimum level of digital spending.

EU-wide tax initiatives tend to focus on information exchange, reporting rules, digital invoicing, and anti-fraud measures rather than imposing spending quotas on individual taxpayers. For example, the EU’s Central Electronic System of Payments (CESOP) requires payment providers to share data on cross-border transactions to help tax authorities monitor VAT fraud, but does not impose spending minimums on individuals.
Wikipedia
EU information-sharing directives strengthen cooperation between tax authorities across countries to tackle evasion but don’t mandate minimum digital spending percentages. The EU is hunting money like never before. This is indicative of the own sovereign debt crisis that is coming to a head. Of course, Greece won’t have to worry once the EU cancels the paper currency sooner than later.
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