Re: Crypto and taxes

[Duncan Frissell <frissell@panix.com>]

To: cypherpunks@toad.com

Perry says:
 
P >Perhaps not. Its very common in many large business conducted here in
P  >New York in certain seemingly legitimate industries for much of the
P >business to be conducted off the books -- people who will take cash
P >for work are sought after. I will not name the industry in question,
P >but it is one of the few major ones left in the city and it isn't
P >finance.

The size of NYC's underground economy can be proven by the fact that 
almost any mortgage lender will give you a "No Income Verification" loan 
for a residential property.  They don't care where you get the dough from 
as long as you have a good record of making payments (they still do a 
credit check).

DCF
--- WinQwk 2.0b#1165