The war on cash

The Farage banking affair has revealed a wider issue: that for some time the banks have been getting rid of customers who get paid in cash. A war on cash is being waged, of which the proposals for a digital currency are another move in the same direction. The tax authorities are no doubt in support of the war on cash, because it is difficult for them to get their hands on money paid in cash transactions. The obvious conclusion is not being drawn by those concerned with this development: that taxes on wages, goods, services and transactions are, by their nature, intrusive. This is one of the strongest arguments for the tax reform which the land value tax movement has always promoted. Once the land value tax has been paid, what you earn is no business of the government. We have come to the point that our policy is an essential tool for the preservation of basic freedoms.