In Sweden, “No cash accepted” signs are becoming an increasingly common sight in shops and eateries across the country as payments go digital and mobile.
1. Why is going cashless bad for tax cheats?
2. Why are authorities in Sweden worried about the cashless society?
3. What percent of Swedes never use cash?
4. Do you think that could happen here in the U.S.? Discuss.
Bilner, A. (2018). ‘No Cash’ Signs Everywhere Has Sweden Worried It’s Gone Too Far. Bloomberg, Feb. 18 (Retrievable online at https://www.bloomberg.com/news/articles/2018-02-18/-no-cash-signs-everywhere-has-sweden-worried-it-s-gone-too-far)