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That may or may not work.

My grandfather has bought all his last cars in cash! I doubt any tax free guarantee would make him bringing his money into a bank.

A grandfather of an uncle in law had 30,000 Euro in his basement. It was changed from DM to Euro and I think it was even totally legal income. There are simply weird people...
Maybe it will work, when the interest is high enough.

Der Amerikaner ist die Orchidee unter den Menschen
Volker Pispers

by Martin (weiser.mensch(at)googlemail.com) on Wed Oct 8th, 2008 at 10:17:50 PM EST
[ Parent ]
It's voodoo IMHO.

But Spain already squeezed out a large amount of cash out of the underground economy in the late 80's and 90's.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith

by Migeru (migeru at eurotrib dot com) on Thu Oct 9th, 2008 at 03:48:22 AM EST
[ Parent ]


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